Checkpoint Systems Introduces “RFID-Out-of-the-Box” for Retail Merchandise Visibility
December 08 2010 - 8:00AM
Business Wire
Checkpoint Systems, Inc. (NYSE:CKP), a leading global supplier
of shrink management, merchandise visibility and apparel labeling
solutions for the retail industry and its supply chain, today
announced an “out-of-the-box” Handheld Visibility Solution for
closed-loop apparel retailers and department stores to easily prove
the return on investment and obtain a starting point for a global
merchandise visibility deployment.
Apparel retailers face a variety of challenges that impact sales
and margins daily, including global apparel out-of-stocks averaging
eight percent or more, perpetual inventory that is inaccurate 35-65
percent of the time, and reduced sales due to out-of-stocks.
RFID solutions, such as Checkpoint’s Merchandise Visibility
Solution, can help retailers reduce out-of-stocks while increasing
sales and maximizing shelf availability -- and many apparel
retailers are looking for cost-effective ways to start achieving
these benefits and deploy globally in a low-risk way.
“We created Checkpoint’s Handheld Visibility Solution for
apparel retailers that want to prove the value of merchandise
visibility to reduce out-of-stocks and increase sales,” noted Per
Levin, Checkpoint Systems’ Worldwide President, Merchandise
Visibility. “This solution is designed as an ideal first step for
retailers that want to work with a partner that has the
capabilities to implement a global rollout, including source
tagging, in-store deployment and support, hardware and
software.”
“In this initial phase to help prove the value of RFID, the
solution can be deployed without impacting retailers’ IT systems or
networks, and it also minimizes the impact on store operations,
resulting in rapid time-to-productivity,” explained Prasad Putta,
Checkpoint Systems’ Executive Vice President, Merchandise
Visibility.
The Handheld Solution is designed to quickly, easily and
reliably enable store receiving, inventory counting, and tracking
of items sold, among other store-based processes. Based on RFID
technology, it affords retailers the ability to track inventory at
the item level both in the back room and on the sales floor,
helping to improve inventory accuracy, reduce out-of-stocks,
improve replenishment, increase store efficiency and increase
sales, all key metrics to help justify a full Merchandise
Visibility implementation.
The Handheld Visibility Solution is easily configured to each
retailer’s unique needs, and typically includes:
- Handheld RFID reader
- Laptop computer
- RFID software
- RFID tags (hard tags and labels)
- Service and support
It also includes the methodology to help retailers develop the
business case to prove the ROI to senior management and develop the
implementation roadmap to enable a phased global deployment.
“Retailers have asked us for a faster and easier way to get
started with Merchandise Visibility,” noted Levin. “They want some
of the functionality to help prove the value, but without the need
to burden their IT organizations with application integration. We
are excited to respond with the Handheld Visibility Solution.”
Handheld Visibility Solution is available immediately.
About Checkpoint Systems, Inc.
Checkpoint Systems is a global leader in shrink management,
merchandise visibility and apparel labeling solutions. Checkpoint
enables retailers and their suppliers to reduce shrink, improve
shelf availability and leverage real-time data to achieve
operational excellence. Checkpoint solutions are built upon 40
years of RF technology expertise, diverse shrink management
offerings, a broad portfolio of apparel labeling solutions,
market-leading RFID applications, innovative high-theft solutions
and its Web-based Check-Net data management platform. As a result,
Checkpoint customers enjoy increased sales and profits by improving
supply-chain efficiencies, by facilitating on-demand label printing
and by providing a secure open-merchandising environment enhancing
the consumer’s shopping experience. Listed on the NYSE (NYSE: CKP),
Checkpoint operates in every major geographic market and employs
5,600 people worldwide. For more information, visit
www.checkpointsystems.com.
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