In the ever-changing world of retail, staying ahead of the curve to meet consumer demands is essential to remaining competitive. With many new technologies on the market today, RFID (Radio-Frequency Identification) labelling has emerged as a game-changer transforming the way retailers manage their inventory, streamline business operations, and even enhancing their customer experiences.
In this blog, BIXOLON will explore the impact of RFID labelling for the Retail industry.
What is RFID Technology
RFID is a form of wireless technology that uses radio waves to identify and track objects. It consists of three main components: an RFID reader, RFID tags and a software system or database for data management. Typically, in retail RFID label tags are attached to products and RFID readers or beacons are then used to capture the data stored on these tags, enabling real-time identification and monitoring of an individual item.
The Role of RFID Labelling in Retail
• Inventory Management
The main benefit of RFID labelling in retail is the ability to standardise inventory management in warehouses, stockrooms and even on the shop floor. Traditional barcode labelling systems require the manual scanning of individual items, which takes time and is prone to errors. Whereas RFID labelling allows retailers to simultaneously scan and log multiple items improving efficiency and accuracy. With RFID, retailers can track inventory in real-time to monitor stock levels, to ensure availability and minimise excess inventory.
• Los Prevention
RFID labelling is an effective tool for loss prevention and security in retail. Typically attached to desirable products such as high value goods, technology or sportswear, RFID labels track the movement of products throughout the store and can quickly be identified by triggering an alert if there is any suspicious activity which deters theft and reduces shrinkage.
• Data Analytics
Data generated by RFID technology also provides retailers with valuable insights to analyse and understand sales trends, product preferences and even customer behaviour. This information can then determine future business decisions such as inventory, store layouts and even marketing strategies.
• Customer Experience
RFID tagging can also enhance the customer experience. When working in tandem with other technologies it can be used for effective self-service checkouts or simply allowing customers to simply walk out of the store with their items which are logged by beacons and automatically charged to their accounts. This type of flexibility reduces staffing levels and customer wait times, while improving convenience.
As RFID labelling transforms the retail industry, it will become more integrated into the retail landscape, shaping the way businesses operate and interact with their customers. To stay competitive, businesses must investigate RFID labelling technology to harness its potential for future operations. Manufacturers such as BIXOLON offer a range of intuitive RFID printers using the popular UHF RFID print and encoding technology.
BIXOLON RFID Range
• XT5-40NR : 4-inch (114 mm) Industrial Label Printer
- Built with a 4.3 inch full-colour touch LCD screen and an aluminium body and double folding door
- With optional Bluetooth, Wi-Fi, Parallel, USB, Serial, Ethernet (1 Gbit/sec) ad two USB Host interface options
- Printing at speeds of up to 14 ips (365 mm/sec) at 203 or 300dpi print resolution
- Media roll diameter 203 mm
• XD5-40tR : 4-inch (118 mm) Desktop Label Printer
- Supporting a compact clamshell design with intuitive menu buttons and LCD display
- Print speeds of up to 6 ips (152 mm/sec) 203 or 300 dpi
- All-in-ne interface as standard; USB + USB Host + Serial + Ethernet, with optional Bluetooth or WLAN
- Media roll diameter 127 mm
• XM7-40R : 4-inch (112 mm) RFID Mobile Label Printer
- Premium mobile printer with embedded peeler and TFT colour display
- Size – 158 x 186 x 82 mm (6.23 x 7.33 x 3.23 inches) Weight (including battery)– 1090 g
- Simultaneously connects both Bluetooth 5.0 (MFi certified) and Dual-band WLAN (2.4 GHz and 5 GHz)
- Media roll diameter 66 mm