RFID Smart Retail Management Application
The core competitiveness of the retail industry is the supply chain system which is low-cost and highly efficient logistics. Now, the high inventory costs, low service efficiency, and low accuracy of information have caused great difficulties for retailer
Based on the smart retail management system developed by the pain point of retailers, Xinye uses RFID technology to establish a safe and reliable management model to achieve rapid scanning and reading of products when related to products receipt and delivery, inventory management, store management, and store security. Then the real-time monitoring of products from raw materials to semi-finished products, finished products, transportation, warehousing, distribution, shelves, sales, and even return processing can be achieved.
Xinye has designed a tailor-made overall solution for the global retail industry and its ancillary products and services, including supply chain and store management, label printing and data management.
Xinye’s retail supply chain and store management solutions are the most powerful item level RFID application solutions on the market today and in the future. Developed for the business processes of brands and retailers, the program uses leading-edge IoT technologies and big data architecture, and is an end-to-end (E2E) item-level supply chain and store management solution with excellent scalability and integration. It can simplify RFID retail application deployment, and achieve maximum return on investment (ROI); at the same time, it can continuously iterate according to user’s needs to maintain the advancement and applicability of the product.
Xinye label printing and data management solutions are aimed at helping the world’s major brands overcome business challenges and meet fast-paced global purchasing needs. This solution provides maximum flexibility and control, allowing labels to be printed on demand. The user can perform label EPC encoding, label format design , label printing and verify the printed labels at any time and any place.
Each item has a unique ID. Through this ID, you can inquire about the information recorded in the production, logistics, sales of this product, so as to achieve real-time tracking and management of individual items.
When receiving goods at the warehouse, the RFID tunnel machine quickly scan the goods and automatically connect with the ERP system. The detailed list of each box is recorded in the database.
When warehouses and facades are counted, RFID handhelds are used for batch scanning to achieve efficient inventory;
When the warehouse is delivered, the system uses the RFID tunnel machine to quickly scan the goods, check the scan results and invoices, and record the circulation information of each commodity in the database to avoid shipping the goods;
When the store receives goods, the RFID handheld can quickly and accurately receive and manage the goods. The data can be synchronized with the background in real time. The distributors and stores at all levels can share data and manage collaboratively.
Store interactive experience, through the RFID tablet installed in the store, can interact with the clerk, display product details, recommend collocation and other business customized information;
When the merchandise is sold, the RFID cash register reader quickly scans the commodity information, updates the sales data, and rewrites the anti-theft position of the product label;
Anti-theft of goods, the goods can be sold through the security of the normal access control, unsold merchandise will cause sound and light alarm and display the details of the alarm product in the system to reduce the workload of anti-theft check;
The information stored in each garment’s RFID tag is password-protected. Only legitimate RFID devices in the system can correctly collect or rewrite the tag information and achieve accurate anti-theft protection.
The use of RFID handheld terminals to scan the electronic tags in the goods, you can query this piece of goods circulation history and order batches and other information, in a timely manner to identify the authenticity of the goods and channel attribution.
System implementation benefits
Warehousing: Inventory accuracy rate can be increased to 99%; inventory volume can be decreased by 10%-20%; receipt and delivery, inventory efficiency can be increased by more than 300%.
Supply Chain: The delivery error rate can be reduced by 99%; the logistics efficiency can be increased by more than 30%; the probability of discovery of abnormal events can be increased by more than 30%.
Stores: Loss of goods and theft can be reduced by 50%-70%; store sales can be increased by 5%-20%; service efficiency can be increased by 10%-25%.