Ever since the first electronic
article surveillance device was installed in retail setting 30
years ago retail security technology has played an important
role in store applications. With inventory shrinkage costing
organizations hundreds of millions of rupees each year,
organization have increasingly turned to technology such as
EAS or tagging system and video surveillance to control theft
and inventory management system.
As have grown so has the technology.
The first somewhat large anti theft tags have evolved into
today’s wafer like labels that’s can be attached or inserted
in to variety of items. As EAS technology has become more
sophisticated, organizations now have much more flexibility
with their systems, with the promise of much more innovations
to come. For manufacturers & retailers, the potentials
applications and benefits of RFID technology are far reaching.
Systems enable companies to protect and manage their assets
more efficiently through identifying and monitoring movements,
providing significant enhancements to inventory control and
management, Successful integration of such system into day
today working is fast becoming a necessity to manage inventory
and reduce overheads.
Organizations also stand to benefit
from the efficiencies that RFID have brought to access control
systems and to automation of traditional more cumbersome time
and attendance systems well-established applications in many
other industries. RFID personnel identification can be further
extended to restrict and control access to tills, overcoming
the loopholes inherent in traditional password protection and
drawer locks. With tags on products, inventory counting and
stocktaking and marking, stock down will become faster and
more accurate. More detailed and up to date product
information reduces the risk and costs associated with out of
stocks and obsolescence. Receiving bays, automated counting
results in more efficient checking.
Significant benefits stand to be had in the automation of
returns. Ultimately, the concept of Self Checkout stands to
become a reality, when readers at the till will identify the