Product shrinkage is a major challenge in the retail industry. Today’s retail stores rely heavily on in-store inventory tracking solutions to prevent product shrinkage and combat counterfeit items. According to the National Retail Federation (NRF), retailers lose an estimated $60 billion per year from shoplifting, employee or vendor theft, and administrative error. One of the best solutions to combat this is RFID tracking. RFID technology uses electromagnetic fields to identify and track objects that are fitted with tags containing electronically-stored information. RFID tracking has been shown to reduce shrinkage in businesses by 55% and theft by as much as 75%. Item level RFID solutions provide useful data on every missing or misplaced item, so you can identify and solve the issues, while building prevention systems to mitigate future occurrences.

To combat costly shrinkage. Spencer has equipped retailers with effective RFID tracking backed by Zebra’s traceability technologies. From RFID tags to readers and user-friendly mobile devices, prevent product shrinkage with technologies that…

  1. Ensure safety at your receiving dock – If inventory is sourced with RFID tags, you’ll know as soon as each pallet crosses the threshold of your dock doors whether the delivery count is correct per your order. The RFID system will automatically read and count the tags so associates don’t have to worry about relying solely on a manual count.
  2. Ensure visibility and safety on your floor: If an item goes missing from the stockroom or a shelf, you’ll know. RFID readers located at all entry and exit points will read tagged items.
  3. Ensure visibility and safety at returns: The risk of someone wrongfully returning a product shrinks significantly thanks to Zebra’s tag solutions. Unlike regular tags, an RFID label contains unique data about the item that cannot be duplicated. This includes the item’s purchase history. If someone tries to return a pair of stolen jeans, for example, a simple scan of an RFID tag will alert the associate.
  4. Enhance your safety strategies with new information – Zebra’s RFID labels can help you identify theft problems that plague your store. Thanks to RFID, it becomes easier to implement strategies
  5. Reduce waste in asset protection workflows – This technology eliminates the need for workers to conduct daily counts of high-value and/or high-shrink items.

Bring reliable performance and consistent quality to your business with Zebra’s RFID barcode labels and tags. Ensure high visibility and increased security with maximum specifications:

  • Build tough security thanks to extensive pre-testing to provide you with only the toughest labels that are guaranteed to fit all your needs.
  • Enhance visibility with over 400 stocked labels and tags – That lets you choose from 90 material options to enhance visibility with top-notch tamper-proof labels, tear-proof labels, and easy-to-remove labels.
  • Use an ISO 9001 certified, 23-point quality inspection to ensure consistent quality.

Ensure your products’ safety and enhance visibility with insightful technology. Spencer Technologies is committed to achieving the safest and simplest solutions for your needs.

Contact us at Spencer Technologies today for a free assessment on your product tracking solutions.