RFID Inventory Management

RFID Stock Control | RFID Inventory Management

RFID stock control or RFID Inventory management is the process of managing products in a retail store by using RDIF tags, readers and software (also known as an RFID system). A proper RFID inventory management system is required to precede the regular and planned course of production and stock of materials. Retailers often use RFID inventory management systems to reduce their carrying costs by automatically collecting data, creating records and conducting calculations. This not only results in time and cost savings, but also increases business efficiency. RFID inventory management can help manufacturers, distributors, wholesalers and retailers optimize their inventories.

Inventory management systems control the process of managing all incoming and outgoing products in a retail store or online. An inventory management system reduces time on stock management tasks such as cycle counts, physical inventory, and manual refill calculations. RFID inventory management drives increased on-shelf availability through backstock guidance and monitoring, and critical zero correction and DC to store replenishment.

RFID (radio-frequency identification) refers to the digital data encoded in smart tags captured by a reader through radio waves.  The data is captured by a device that stores the information in a database which is then transferred through a communications interface to a host, where the data can be stored and analysed.

Although there are many industries that can benefit from using RFID systems, we at RIOT Insight provide solutions for retail stores, giving our clients state-of-the-art technology for stock control, inventory replenishment, real-time visualization of scan information and EPC tag voiding.

RFID INVENTORY MANAGEMENT
RFID stock control or RFID Inventory management is the process of managing products in a retail store by using RDIF tags, readers and software (also known as an RFID system). A proper RFID inventory management system is required to precede the regular and planned course of production and stock of materials.

WHAT IS RFID TECHNOLOGY
RFID technology, also known as radio-frequency identification, refers to the digital data encoded in smart tags captured by a reader through radio waves.

RFID READER SOFTWARE
RFID is a modern alternative to barcode scanning and combined with RFID reader software provides the retail owner with accurate and up-to-date data and statistics. Retailers can use the RFID reader software to: manage inventory, RFID scan encoding, RFID EPC tag voiding, product locator, stock taking and salesfloor replenishment.

RFID IN RETAIL
RFID in retail involves the placement of RFID tags on items that emit signals to RFID readers which are then processed by software, generating real-time results for stock taking, transactions, inventory levels, or individual customer purchase order history.

RETAIL INVENTORY MANAGEMENT
Inventory management is what keeps your retail store in running efficiently. Retail inventory management is either taken by hand or electronically. Managing your retail inventory electronically makes everything easier and faster.

RFID: RADIO-FREQUENCY IDENTIFICATION
RFID
and barcode technology are used in similar ways to track items, but radio-frequency identification tags do not require a direct line of sight to be read, RFID data can be updated in real-time, and barcode data is read-only and cannot be changed.

RFID TAGS EXPLAINED
RFID tags are available in different shapes and sizes with features and options specific to certain environments and applications. Use your RFID reader and manage products with the RIOT application to generate accurate data.

RFID INVENTORY CONTROL
Maintain accurate stock counts, reduce errors, and avoid time consuming manual entry of items with our RFID inventory control software. RIOT real-time inventory reports allow you to compile and analyse essential data, like transactions, inventory levels, or individual customer purchase order history.

RFID INVENTORY SYSTEM
RIOT Insight offers state-of-the-art RFID inventory system solutions to retail stores across the world. With our RFID software applications you can remotely manage your retail store inventory with the press of a button.

INVENTORY MANAGEMENT SOFTWARE
The RIOT Insight inventory management software packages give fashion retailers detailed up-to-date control and visibility of their store.

INVENTORY MANAGEMENT
The scope of inventory management: replenishment lead time, carrying costs, asset management, inventory forecasting, inventory valuation, inventory visibility, price forecasting, physical inventory, available space, quality management, replenishment, returns and defective goods, and demand forecasting.

INVENTORY MANAGEMENT SYSTEM
Whether customers visit your physical store or online store they should be able to see which products are available or out of stock.