Checkpoint Systems Wins METRO Group Contract for RFID Portals
March 06 2008 - 8:52AM
Business Wire
Checkpoint Systems, Inc. (NYSE: CKP), a leading manufacturer and
marketer of identification, tracking, security and merchandising
solutions for the retail industry and its supply chain, today
announced it will provide RFID portals for 200 Real hypermarkets of
METRO Group in Germany in 2008. Under the terms of the first
agreement, Checkpoint will equip another 200 Real hypermarkets
across Germany with its RFID portals. This follows the successful
deployment in 2007 of the portals at more than 100 Real
hypermarkets. The portals at the stores will be used to track
pallets as they arrive to improve supply chain efficiency.
Subsequently the same portals will be used for case level tracking.
"As we move forward with our plans to deploy RFID technology across
our operations, Checkpoint Systems has proven to be a valued and
trusted partner," said Dr. Gerd Wolfram, Managing Director of MGI
METRO Group Information Technology. "Checkpoint's advanced RFID
knowledge and integration services continue to play a key role in
our RFID implementation." METRO Group has been a pioneer in the use
of RFID in the retail industry since 2004, when the company
announced it would begin using RFID throughout its supply chain to
improve inventory visibility to enhance the customer�s shopping
experience. Checkpoint has been an important partner in that
effort, providing technology for METRO Group�s Future Store
Initiative, RFID pilot projects and deployments. In 2007,
Checkpoint supplied systems integration services and a range of
Checkpoint solutions for a groundbreaking item-level RFID pilot at
METRO Group's Galeria Kaufhof department store in Essen, Germany.
Checkpoint also supplies RFID labels for the retailer's "Tag It
Easy!" pilot project to assist Asian suppliers with compliance. "We
are most pleased to be a part of METRO Group's worldwide RFID
efforts," said Checkpoint Systems President and CEO Rob van der
Merwe. "New installations of RFID technology, such as those at
METRO Group's Real hypermarkets in Germany, exemplify both the
company's commitment to the technology and the effectiveness of
RFID for improving retail supply chain operations." "Checkpoint is
committed to expanding the utility of RFID technology for retailers
as they move forward," van der Merwe continued. "For example, with
the introduction of our new Evolve� suite of next-generation shrink
management products, Checkpoint is providing retailers with a new,
state-of-the-art platform to improve shrink management, including
the provision of an efficient transition route to RFID." About
Checkpoint Systems, Inc. Checkpoint Systems, Inc. is the leading
supplier of retail shrink management solutions. Checkpoint's global
team helps retailers - and their suppliers - reduce theft, increase
inventory visibility and provide consumers with greater merchandise
availability through the company's rapidly evolving RF technology,
expanding shrink management offerings and Check-Net labeling
solutions. Checkpoint has more than one million RF devices
installed in stores today and has secured more than 100 billion
products. Scaling cost efficiently, Checkpoint's solutions provide
increased revenues and profits to a fast-growing community of
successful retailers and a superior experience for their consumers.
Listed on the NYSE (NYSE:CKP), Checkpoint operates in every
geographic market and employs 3,200 people worldwide. For more
information, visit www.checkpointsystems.com
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