RAIN RFID Loss Prevention for Retail
Create magical and meaningful customer experiences while capturing shopper insights.
Unlock shrink, one item at a time
Shrink is a multi-billion-dollar problem for retailers. With increasing losses, retailers need improved visibility into loss for better insights and analytics to go from reactive to proactive strategies. Using real-time data from RAIN RFID, retailers receive a more complete picture of loss events.
The RAIN RFID Loss Prevention solution combines the Impinj RAIN RFID platform and Sensormatic’s TrueVUE Inventory Intelligence to take loss prevention to an entirely new level by tracking each item as it exits the store and alarming on items that are stolen. Leveraging real-time RAIN RFID item-level data for predictive analytics and alarming, retailers can rapidly improve the ways they protect merchandise and manage inventory.
Reduce shrink with information based loss prevention
The Impinj and Sensormatic solution exposes store shrink in real-time. With item-level data, retailers can:
- Understand exactly which items and how many are stolen - where, when and how
- Activate real-time alarms for stolen items
- Replenish merchandise faster to prevent out of stocks due to theft
- Identify trends in merchandise loss and shoplifting events
- Pinpoint and respond quicker to new tactics in retail theft
- Enact selective alarming based on merchandise/value
- Integrate video capture for forensic loss analysis
Understand exactly what, when, where and how every item exits the store
Gain visibility into items as they leave the store to quickly understand what has been stolen. Easily access the Shrink Visibility dashboard to know total shrink value, what items and how many were stolen, shrink by day, exit location, by department and category. Leverage this data for more actionable and proactive loss prevention strategies.
Elevate traditional electronic article surveillance (EAS)
Design inviting customer entry and exits by eliminating traditional EAS pedestals while maintaining loss prevention and detection. Leveraging overhead RAIN RFID readers to detect unpurchased items and alarm instantly.
Replenish merchandise faster to prevent out of stocks
When inventory is stolen there is no way for store associates to know to replenish it. This means that the retailer not only loses the cost of the item but also the potential profit from its sale. And, since the most popular items are often stolen, your shelves (and shoppers) are missing the most important merchandise. But, with RAIN RFID-enabled loss insight,k associates can quickly be alerted to replenish the missing items.
Identify trends in merchandise loss and shoplifting events
Most loss prevention today is reactive. But, with greater visibility into theft details, retailers can pinpoint and respond quickly to new tactics in retail shrink. With item-level tracking retailers can also enact selective alarming based on merchandise and value as it leaves the store. Retailers can now improve loss prevention effectiveness in real-time.
Integrate video capture for forensic analysis
Maximize loss prevention by layering IoT technologies for richer data insights. By integrating video capture with RAIN RFID exit data retailers can perform forensic analysis to capture and prosecute criminal theft rings, recognize patterns and prepare proactive loss prevention strategies.
- Article tagged as:
Friday, January 17, 2020
ABOUT THE PARTNER
Sensormatic
Sensormatic Solutions is a global leader in enabling smart and connected shopper engagement. By combining critical insights into retail inventory, shopper traffic and loss prevention, Sensormatic Solutions powers operational excellence at scale and helps create unique shopping experiences. Our solutions deliver real-time visibility and predictive analytics for accurate decision-making across the enterprise, enabling retailers to confidently move into the future. With more than 1.5 million data collection devices in the retail marketplace, we capture 40 billion shopper visits and track and protect billions of items each year. Our retail portfolio features the premier Sensormatic®, ShopperTrak® and TrueVUE™ brands.
Impinj products deliver connectivity for this solution
Tag Chips
Impinj RAIN RFID tag chips provide unique identifiers and enable smart, connected things (endpoints)
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Readers
Impinj RAIN RFID readers are smart edge devices that identify and locate connected things
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