Havan dramatically reduces store inventory management costs with RFID

　　Havan dramatically reduces store inventory management costs with RFID

　　There was a time when companies had to offload employees from their most lucrative and important jobs to tedious and tiring tasks, such as manually counting product inventories using barcode scanners. And because this is repetitive and tedious work, manual counts, even those without barcode statistics, often have a high error rate.

　　Scientifically speaking, to prevent human error, employees often take product counts twice, or stop counting during the operation. A study conducted by Auburn University's RFID Lab under the direction of Professor Bill Hardgrave has shown that even manual counts using barcodes can be close to 15% of actual inventory. error.

　　With RFID tags and RFID readers, what used to be an hour of work can be completed in minutes or even seconds. It must be pointed out that the main advantage of using this technology is that the inventory count time of the product is greatly reduced, and the inventory count accuracy is close to 100%.

　　That said, in addition to saving inventory count time, any company using RFID can benefit from the accuracy of inventory counts. Another general benefit of RFID technology, which is more sought after than simply using barcodes, is the ability to quickly locate lost products in inventory and on sales counters, especially during busy times of business such as carnivals or anniversaries. By activating the product locator, the RFID reader beeps, and the beeps from the reader become more intense and frequent when the interrogator (RFID reader) is located near the desired object.

　　According to retail expert Dr Hardgrave, many transactions were lost in stores because sales staff were unable to find the item in the colour and size specified by the customer in time, even though the system indicated it was available on site.

　　Now, especially in the wake of COVID-19, the biggest challenge for stores and brands is finding products sold online in their brick-and-mortar stores and then accurately shipping them. The growth of e-commerce has prompted people to increasingly look to RFID as a solution for sales and inventory management. For companies that have already deployed RFID technology in their e-commerce operations, the use of the technology further accelerates the ROI of RFID, a payback process that typically occurs within a few months.

　　RFID technology will also change the customer experience. A Brazilian and international retail company used this technology in a self-checkout system that allows consumers to make purchases and pay without human service; including deactivating RFID tags for store alert systems, allowing consumers to confirm payment at checkout It is possible to leave the store without triggering the alarm. As a result, consumer shopping becomes fully automated.

　　Given these advantages of RFID, Brazilian retailer Havan, a company that keeps up with the latest technological advancements, decided to invest in the system and develop RFID software that can make RFID technology the key to its business success. In brick-and-mortar business premises, commodity management is critical to sales and improving customer experience. Therefore, all RFID-tagged commodities in the Havan distribution center will pass through the RFID access door with reader function for statistics and inventory, and then This is then transferred to a store owned by Havan, ensuring overall accuracy and reliability of delivery. In Havan's project, the company has cut the cost of managing 200,000 items of inventory, a job that used to take 15 employees five nights to complete now takes one employee an hour to complete. "Today, we have this technology deployed in Brusque stores, and we are expanding our deployment."

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