Poor inventory management costs retailers approximately $2 trillion annually, with an additional $100 billion lost due to theft in the US and UK. RFID (Radio Frequency Identification) technology has emerged as a potentially game-changing solution. Affordable RFID tags, as low as $0.10 each, allow individual product tracking and remote scanning.

What is an RFID checkout?

An RFID checkout scans RFID tags instead of barcodes and security tags. This is a far more efficient process as the shopper doesn't have to scan their items one by one but can simply place the whole bag in the checkout well.

This makes the checkout process more efficient, accurate and secure.  When each product is tracked remotely you have perfect visibility of your inventory, what is on the shelf, what’s at the checkout and if a product tries to leave the store without being paid for.