Electronic Article Surveillance (EAS) systems can trigger alarms when items are removed from the stores, but offer no insight into the items stolen, or item movement within the store. These blind spots leave retailers vulnerable and put their profitability at risk.
The same RAIN RFID tagging system that gives retailers in-depth inventory insight also contributes to loss prevention. With item-level intelligence from the Impinj platform, retailers can be alerted when items enter or leave specific zones within the store. Item identification, location and movement data can help retailers make smart decisions to protect their stores and their inventory and avoid lost sales due to lost inventory. And, the Impinj platform can also be used to identify whether an item is authentic or to access additional information about its source and supply route.
How it Works
Attach Impinj-powered RAIN RFID tags to retail items.
Use Impinj readers/gateways (overhead, on walls, or on doorways) to wirelessly identify and locate items in all company facilities.
Impinj ItemSense software provides real-time data about inventory location and alerts staff when items leave the store before payment.
Solutions built on the Impinj platform allow you to get more return on your RAIN RFID investment by letting it double as a powerful loss prevention system:
- Get more value out of your RAIN RFID inventory management system
Since a RAIN RFID loss prevention system identifies and tracks objects with the same tags and readers as our inventory management solutions, retailers stand to earn extra returns on their investments by using RAIN RFID technology. Information delivered through this system also allows retailers to understand if their loss prevention methods are effective in reducing theft.
- Track and monitor individual item movements in real-time
Knowing where each item in your store is at all times provides an intimate look into how products move— so you’ll not only be alerted when people try to walk out with items, but you’ll know what, specifically, they were trying to take. Helping retailers identify patterns allows for better preventative measures and reduced shrink.
- Improve employee accountability
Identifying exactly which products went missing and when turns solving internal theft issues into simple process of elimination. When employees know this, accountability goes up, shrink goes down, and overall, a more trusting culture can be built.
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Impinj (NASDAQ: PI) wirelessly connects billions of everyday items such as apparel, medical supplies, automobile parts, luggage and food to consumer and business applications such as inventory management, patient safety, asset tracking and item authentication. The Impinj platform uses RAIN RFID to deliver timely information about these items to the digital world, thereby enabling the Internet of Things.
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