Impinj RFID Technology Helps Jewelry Chain Improve Inventory Accuracy
Simplified store inventory process delivers rapid ROI by lowering costs and increasing sales.
Seattle, WA December 21, 2010 - Leading UHF Gen 2 radio frequency identification (RFID) technology provider Impinj, Inc. today announced that French jeweler CLEOR has implemented a chain-wide “Powered by Impinj” RFID solution that significantly improved inventory accuracy and supply chain efficiency throughout all of its 50 stores, which process nearly one million pieces of jewelry annually. Since implementing RFID, the company has benefitted from reduced out-of-stocks, decreased stock levels, lower operating costs and measurably increased sales volume.
The RFID solution developed by Frequentiel, a systems integrator, and Tageos, a manufacturer of RFID labels and antennas, employs multiple read points throughout the supply chain including:
- Shipment Receiving: Impinj Speedway® Revolution readers with Tageos Cube antennas read incoming bags, each containing 100 pieces of RFID tagged jewelry. The automated shipment receiving process dramatically reduces time spent inspecting jewelry at the DC/warehouse, resulting in considerable cost savings and increased inventory accuracy.
- Delivery Verification: Store employees verify receipt of jewelry packed in small plastic bags using Speedway Revolution readers and Tageos mat antennas. The RFID solution decreases time spent verifying stock delivery and increases store inventory accuracy.
- On-Shelf Inventory: Employees use handheld readers based on Impinj Indy® reader chips and Tageos paddle antennas to frequently inventory items on store shelves. The return on investment for inventory control has been substantial. A process that once consumed four days now requires only four hours and reduces damage by eliminating physical handling of jewelry.
“System integrators once viewed jewelry as difficult to tag with RFID, but Frequentiel and Tageos have overcome the challenges typical of reading small metal objects to deliver an elegant solution for CLEOR,” said Scot Stelter, senior director of marketing at Impinj, Inc. “We expect this market will grow rapidly now that our partners have demonstrated a solution with compelling ROI.”
About CLEOR
CLEOR, an innovative jewelry chain based in France, began in 1997 with just one store. By anticipating trends, offering good value, and marketing jewelry as must-have fashion accessories, CLEOR quickly attracted clientele. Today, CLEOR has over 50 stores located primarily in Paris, northern France, and western France. With a launch rate of approximately 10 new stores per year, CLEOR anticipates growing to over 60 stores by the end of 2011.
About Frequentiel
Frequentiel, a leading French service provider specializing in identification, traceability, and mobility technologies with strong expertise in RFID, offers comprehensive service: consulting, engineering, and integration. Frequentiel provides a single point of contact between customers and RFID hardware/software solution providers, handling all details from business analysis through deployment. For more information, visit www.frequentiel.com.
About Tageos
Tageos specializes in the end-to-end design and manufacturing of high-volume passive RFID labels. With its exclusive process-a serious breakthrough with respect to existing techniques-Tageos benefits from the lowest cost of production on the market, while offering maximum quality and performance. Tageos also developed an expertise in the development of on-demand RFID antenna systems for specific applications. For more information, visit www.tageos.com.
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Tuesday, December 21, 2010
About Impinj
Impinj (NASDAQ: PI) helps businesses and people analyze, optimize, and innovate by wirelessly connecting billions of everyday things—such as apparel, automobile parts, luggage, and shipments—to the Internet. The Impinj platform uses RAIN RFID to deliver timely data about these everyday things to business and consumer applications, enabling a boundless Internet of Things. www.impinj.com
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