Client: Perfect Vision Optics, Faridabad. A well known Retail Chain of Optical products.
Solution delivered: Retail Chain Management Solution
The DAPHNE RFID based Retain Chain Management solution has found application at a well known, Delhi based retail chain offering different brands of spectacles.
The Challenges
- High shrinkage levels across retail outlets
- Manual, time consuming stock taking process for thousands of spectacles
- Difficult to generate accurate stock records of warehouse items
The Smarter Solution from DAPHNE
A team of experts from DAPHNE implemented the Retail Chain Management solution for the client with the following features:
- Complete list of Items available at warehouse were fed in warehouse management software
- Before moving it to the retail outlet, each item was tagged with a RFID tag containing the product details
- A Web-base application software was installed for record maintenance
- RFID gate antenna was installed at the exit point of the stores
- RFID reader was integrated with application software
- Cameras were installed to track unauthorized items moving out of the store
A Smarter Working Retail Chain
- Heavily reduced shrinkage levels
- Significant reduction in time spent doing manual database maintenance
- RFID System was able to provide accurate stock at warehouse and retail stores
- Daily sales record of items was generated with a single click
- Out of stock articles can be easily viewed using the application software
- Most demanded articles can be easily identified with a useful impact on inventory management
- Out dated item in the warehouse can be identified and suitable actions undertaken
- Higher Return on Investment due to reduced costs
- Robust protection of articles and data
