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Smart Retail

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Smart Retail Solution Using RFID System in Malaysia

Smart Retail refers to the retail system that uses RFID technology to ensure accurate and optimised inventory balance by identifying stock discrepancies and suggesting the best replenishment arrangement. This allows retailers to make informed business strategies and decisions to boost revenue.

1

RFID Implementation in the Retail Sector

RFID Smart Retail technology ensures an optimised inventory balance at all times with the help of the ultra-speedy RFID stocktake feature that identifies the stock discrepancies, and the sophisticated system algorithm that suggests the best stock replenishment arrangement.
With the inventory accuracy being high and business data being made available in real-time, the merchandisers are able to make the right business strategy and decision to boost the revenue further.
Additionally, RFID technology serves as a valuable marketing tool by capturing customer data, such as preferred SKU, colour, and size based on the number of items picked up or tried on, and detected by RFID sensors.

2

Smart Retail Solutions Using RFID System

Our RFID system streamlines the inventory management process for retail chains by providing fast and accurate receiving, return, replenishment, stocktaking, mark-sold, and check-out operations.
Furthermore, it acts as an effective anti-theft measure by detecting any unauthorized movement of goods without payment.
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Point of Sale or POS

An RFID-integrated POS terminal is able to process a sales checkout in a much quicker manner. Items can be scanned simultaneously and effortlessly, to bring the customer experience to another level of height, leaving the long checkout queue with the history.
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optimize inventory management

Store Inventory Management

RAIN RFID simplifies inventory tracking by utilizing Ultra-High Frequency electromagnetic wave technology which results in the fastest and most efficient scanning among non-battery-powered Auto-ID technologies.
This allows for the automatic recognition, verification, and authorization of inventory movements such as inbound, outbound, and transfers within retail operations.
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Anti-Theft Security

RFID is a good anti-theft system to detect any unauthorised movement of goods without the payment being made. The system recognizes every single item’s payment status, and with the ultra-speedy scanning capability, any attempt of pilferage can be detected and alerted spontaneously.

3

Smart Retail Benefits of Using RFID Technology

RFID technology is used in the retail industry to improve efficiency and streamline operations. RFID tags, which can be affixed to products, allow retailers to track inventory levels, monitor product movement, and gain valuable insights into customer behavior.
Additionally, RFID technology can be used for security, loss prevention, and point-of-sale transactions. Overall, RFID technology can help retailers increase productivity, reduce costs, and improve the customer experience.
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Improve Stock Visibility

The activities and movement of the inventories and the people are being tracked at all time with RFID, and the system algorithm quantifies, analyses and structurize the data and converts it into useful business information.
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smart shelves

Better Product Availability

RFID System provides real-time tracking and updating of the stock balance across the inventory storage locations or retail premises. Replenishment reminder is being prompted automatically whenever there is a shortage of stock, and the transfer of inventory between the premises is being optimised to avoid overstocking and understocking situations.
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cost savings process

Increase Process Efficiency

RFID system simplifies and automates the daily workflow to increase process efficiency.
The activities and movement of the inventories are being tracked at all time with RFID, and the system algorithm quantifies, analyses and structurize the data and converts it into useful business information.
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analyse consumer behavior valuable data

Real-Time Data Analysis

With the scanning speed of ~1000 data capturing per second per station, a huge amount of data is consistently being pumped into the database for further processing. The RFID system is designed to capture, buffer, filter, and analyse in converting the raw data into useful business insight.
smart technologies

Point of Sale or POS

An RFID-integrated POS terminal is able to process a sales checkout in a much quicker manner. Items can be scanned simultaneously and effortlessly, to bring the customer experience to another level of height, leaving the long checkout queue with the history.
optimize inventory management

Store Inventory Management

RAIN RFID simplifies inventory tracking by utilizing Ultra-High Frequency electromagnetic wave technology which results in the fastest and most efficient scanning among non-battery-powered Auto-ID technologies.
This allows for the automatic recognition, verification, and authorization of inventory movements such as inbound, outbound, and transfers within retail operations.

Anti-Theft Security

RFID is a good anti-theft system to detect any unauthorised movement of goods without the payment being made. The system recognizes every single item’s payment status, and with the ultra-speedy scanning capability, any attempt of pilferage can be detected and alerted spontaneously.

Improve Stock Visibility

The activities and movement of the inventories and the people are being tracked at all time with RFID, and the system algorithm quantifies, analyses and structurize the data and converts it into useful business information.
smart shelves

Better Product Availability

RFID System provides real-time tracking and updating of the stock balance across the inventory storage locations or retail premises. Replenishment reminder is being prompted automatically whenever there is a shortage of stock, and the transfer of inventory between the premises is being optimised to avoid overstocking and understocking situations.
cost savings process

Increase Process Efficiency

RFID system simplifies and automates the daily workflow to increase process efficiency.
The activities and movement of the inventories are being tracked at all time with RFID, and the system algorithm quantifies, analyses and structurize the data and converts it into useful business information.
analyse consumer behavior valuable data

Real-Time Data Analysis

With the scanning speed of ~1000 data capturing per second per station, a huge amount of data is consistently being pumped into the database for further processing. The RFID system is designed to capture, buffer, filter, and analyse in converting the raw data into useful business insight.

Frequently Asked Questions on
RFID Tags in Retail

Barcode scanners need a direct line of sight to read the product or item’s barcode which makes them less efficient when dealing with large quantities of products. In contrast, RFID uses radio waves that can scan multiple items at the same time from any angle.

This makes RFID readers significantly faster than barcode scanners, often reaching speeds that are 500 times faster.

QR and RFID are both Auto-ID technologies, but they have distinct technical capabilities.

QR codes are a printed 2-dimensional pattern that represents a string of alphanumeric characters, while RFID tags consist of an IC with built-in memory that can store programmable data.

QR codes require line-of-sight scanning, while RFID scanning is penetrative and can scan multiple items at once from any angle.

There are generally three main categories of RFID technologies, being differentiated by their operating frequency, namely the LF or Low Frequency, HF or High Frequency, and UHF or Ultra-High Frequency.

There are three main categories of RFID technology, which are differentiated by their operating frequency: LF or Low Frequency, HF or High Frequency, and UHF or Ultra-High Frequency.

NFC, which stands for Near-Field Communication, falls under the category of HF RFID. NFC uses one-by-one scanning in a proximity range of a few centimetres between the reader and the tag.

At Inchz IoT, we primarily focus on UHF RFID, a.k.a. RAIN RFID, which has a long range and the ability to scan multiple tags simultaneously. UHF RFID can reach a maximum range of 30 meters between the reader and the tag and can read a large number of tags at once.

RFID technology helps retailers and vendors by automating operations and reducing dependencies on manpower. This can help minimise operational losses due to human errors.

Additionally, RFID technology can optimise inventory management and planning to maximise cash flow and revenue. It also facilitates the visibility of inventory, operational and sales analytical data, which is important for business planning, decision-making, and strategy.

This can give retailers a better understanding of their supply chain and customer behaviour, allowing them to make more informed decisions and increase overall efficiency.

RFID technology improves in-store customer service by ensuring optimum stock levels at all times, avoiding disappointment for walk-in customers. The RFID system is able to quickly respond to all inventory queries, without having to keep customers waiting.

It also serves as a powerful marketing tool by capturing customer-centric data to personalise marketing, service, product, and discounts. This enables retailers to offer a more personalised shopping experience, improving customer satisfaction and building customer loyalty.

Uniqlo, Decathlon, Zara, and HLA are considered forerunners in the adoption of RFID technology among retailers in Malaysia. These brands have been actively leveraging RFID in their retail operations to optimise their business operations and maximise growth.

Inchz IoT is collaborating with many of the homegrown fashion brands and retail chains in Malaysia to help them adopt RFID technology, with the goal of streamlining and optimizing their entire supply chain and retail operations.

Unveiling The Power
Of RFID To Maximize
Your Retail Potential

Unveiling The Power
Of RFID To Maximize
Your Retail Potential

RFID technology was once only used for high-value assets and inventory management due to its high cost. However, as it has been widely adopted by major companies, the cost of RFID devices and tags has significantly decreased.

At Inchz IoT, our goal is to make RFID accessible to the general market, as part of our mission to assist traditional retail or brick-and-mortar stores in embracing digital transformation.

Nothing is cheap if it’s not bringing you the expected value, and nothing is expensive if it’s bringing you a great return.

We understand the challenges and obstacles that may be hindering the growth of your retail business and have helped multinationals overcome them. We look forward to discussing potential collaboration opportunities with you.