11.21.19
Johnson Controls announced that Sensormatic Solutions, its global retail solutions portfolio, has expanded its line of RFID-based shrink visibility solutions, providing actionable data to help retailers reduce loss and better manage shrink.
Leveraging RFID technology for smarter loss prevention, Sensormatic shrink visibility integrates multiple technologies to meet the unique needs of each individual retailer, while helping decrease shrink based on the source and location of loss.
These new Sensormatic RFID-based electronic article surveillance (EAS) systems reveal item-level insights into stolen merchandise to help retailers react effectively to loss conditions. Electronic product code (EPC) information is captured through connected IoT devices to deliver real-time data, resulting in improved inventory accuracy and actionable analytics.
Retailers worldwide are challenged by the real price tag of total retail loss – a $1.2 trillion problem. Studies say that not only must retailers combat almost $100 billion annually in total losses from shrink, but also nearly $1.1 trillion from inventory distortion (a combination of out-of-stocks and overstocks), which equates to 7.3% of global retail sales from stock distortion.
Shrink visibility takes loss prevention to the next level with a portfolio of Sensormatic RFID-based EAS detection systems, which include discreet door mounted, overhead to blend into any store environment, and traditional pedestals. The combination of trusted Sensormatic hardware and analytics gives retailers item-level shrink visibility to impact key areas of the store, including fitting rooms, transition areas, stockroom and receiving, points of sale (POS), store exits and the sales floor, to help:
Leveraging RFID technology for smarter loss prevention, Sensormatic shrink visibility integrates multiple technologies to meet the unique needs of each individual retailer, while helping decrease shrink based on the source and location of loss.
These new Sensormatic RFID-based electronic article surveillance (EAS) systems reveal item-level insights into stolen merchandise to help retailers react effectively to loss conditions. Electronic product code (EPC) information is captured through connected IoT devices to deliver real-time data, resulting in improved inventory accuracy and actionable analytics.
Retailers worldwide are challenged by the real price tag of total retail loss – a $1.2 trillion problem. Studies say that not only must retailers combat almost $100 billion annually in total losses from shrink, but also nearly $1.1 trillion from inventory distortion (a combination of out-of-stocks and overstocks), which equates to 7.3% of global retail sales from stock distortion.
Shrink visibility takes loss prevention to the next level with a portfolio of Sensormatic RFID-based EAS detection systems, which include discreet door mounted, overhead to blend into any store environment, and traditional pedestals. The combination of trusted Sensormatic hardware and analytics gives retailers item-level shrink visibility to impact key areas of the store, including fitting rooms, transition areas, stockroom and receiving, points of sale (POS), store exits and the sales floor, to help:
- Track and manage retail shrink from all sources along the supply chain in real time;
- Get clear sightline into causes of shrink by understanding which, when and how many items exit without a valid sales transaction;
- Differentiate between actual store shrink and other forms of inventory distortion;
- Proactively prevent shrink and inventory distortion by optimizing staffing during times of spiked theft, integrating video capture for forensic analysis of loss events and rapidly replenishing stolen goods with real-time item-level reports of missing items;
- Capture EPC quality data in real time enabling predictive, analytics-based strategy and response—at the exit, in receiving and on the selling floor.