openPR Logo
Press release

Retail and RFID: DENSO and RFKeeper provide new solutions

06-24-2020 09:50 AM CET | IT, New Media & Software

Press release from: DENSO WAVE EUROPE

The SP1 RFID scanner from DENSO can scan 700 tags per second and allows high-speed reading at distances of up to 13 meters.

The SP1 RFID scanner from DENSO can scan 700 tags per second and allows high-speed reading at distances of up to 13 meters.

While retail is struggling, DENSO and RFKeeper offer RFID technology to improve supply chain processes and the customer experience. Further information at https://www.denso-wave.eu.

Düsseldorf. DENSO WAVE EUROPE, part of the Toyota group and specialist for modern handhelds and scanners, has partnered up with leading software provider RFKeeper to help retailers become omni-channel providers. DENSO and RFKeeper set out to improve the customer experience in retail and to solve problems of the retail sector that start with large numbers: There are losses as high as 1.1 trillion dollars in over/under stock. Furthermore, supply chain errors lead to a loss of ten billion dollars. The average losses are at almost 1.5 per cent from annual revenues. In numbers, that amounts to 45 billion dollars of shrinkage globally.

The software by RFKeeper generates invaluable data, such as the number or type of items tried and conversion rates per item and customer. One method to collect and analyze data in the retail sector is the usage of RFID. Supply chain companies and retailers have recently improved their business operations by using RFID technology. The cost of RFID tags has also been lowered and recent surveys have shown that the number of RFID tags to be issued will rapidly and widely increase worldwide. With this in focus, DENSO WAVE has worked on the development of RFID devices since the 1980s. “We developed the SP1 RFID reader that achieves the world-leading scanning speed of 700 tags per second,” says Hiroyasu Nakagawa, President and CEO at DENSO WAVE.

The package that DENSO and RFKeeper put together includes the SP1 RFID reader from DENSO, the source & tagging platform from RFKeeper, hard and soft tags, and a driver-less smart POS detacher. That way, clients who want to implement the modern RFID solution at their store, are all set to go. Further information about the SP1 RFID scanner, the collaboration between DENSO and RFKeeper, and mobile data collection devices can be found at https://www.denso-wave.eu.

How DENSO and RFKeeper optimize the Retail Sector with the SP1 RFID Scanner

By combining DENSO’s efficient RFID technology with the cloud and mobile application from RFKeeper, the inventory management of retailers can be digitalized. One of the advantages is that the RFID Inventory Management Solutions by DENSO and RFKeeper provide a greater visibility of the supply chain and minimize the risks of over/under stock, supply chain errors or shrinkage. This ultimately leads to an improved customer experience. In addition, the optimized inventory management leads to more sustainability since less waste in stock occurs and supply chains are also managed in a more sustainable way.

As collaboration partners, DENSO and RFKeeper offer a modular plug & play inventory management solution that covers the complete supply chain from factory to store. Furthermore, individual demands of the respective retailers can be met. In fact, numerous case studies show how RFKeeper has turned shops into smart stores. For instance, various clients from the retail sector have increased their stock accuracy from 75 to 99.5 per cent. Also, the shopper experience has improved in all cases.

In order to capture the data that fuels the RFKeeper solutions, the SP1 RFID scanner from DENSO comes into play: The innovative RFID scanner cannot only scan 700 tags per second, it also allows high-speed reading at distances of up to 13 meters, covering an area of up to 530 square meters. The UHF RFID reader simply requires Bluetooth pairing with a mobile computer for transferring captured data. More information about the SP1 UHF RFID Reader, other innovative handhelds and scanners, solutions for mobile data collection, and the collaboration between DENSO and RFKeeper is available at https://www.denso-wave.eu.

Digitalizing Operations is Key: from Multi-Channel Provider to true Omni-Channel Retailer

RFKeeper and DENSO give retailers the ability to compete with online giants using the same set of tools. The key is to digitalize operations in the retail sector. User-friendly analytics dashboards, monitoring every item on the retailer’s supply chain or managing and navigating the daily operations with real-time insights are some of the optional functions of the Inventory Management System offered by DENSO’s partner RFKeeper.

Even though, or rather because, the Corona pandemic has had a large impact on the retail sector, decision-makers are required to change the way they operate their stores. Introducing the end-to-end solution by RFKeeper can make the much-needed difference. All in all, with RFKeeper and DENSO, the numbers speak for themselves. For clients working with the RFID-based platform, there has been a yearly uplift of five per cent, meaning the average sales increase due to RFID implementation. The stock saving rate is as high as twelve per cent. Thanks to better live tracking of stock and store items, the shrinkage reduction can be as high as 50 per cent. However, the highest impact can be seen in the shipping validation and the inventory and stock accuracy: The operational efficiency can be increased by 100 per cent due to real-time data on every item, while the accuracy can move up from an average rate of 75 to 99 per cent. DENSO and RFKeeper help retailers drive sales and save costs. It is a collaboration that clearly supports retailers in making their operations data-driven and taking them to the next level.

Further information about handheld terminals and scanners, solutions for mobile data collection, the QR Code, and DENSO WAVE EUROPE is available at https://www.denso-wave.eu.

For the European market, DENSO WAVE EUROPE is the contact point for all enquiries on QR Codes, mobile data collection, handheld terminals, and scanners. The durable and robust terminals and scanners manufactured by DENSO are to be found in storage, logistics, at the POS, in production, and field & sales automation applications. Short and informative video clips about the terminals, scanners, and solutions from DENSO WAVE EUROPE can now be viewed on YouTube. The clips include the 20th anniversary of the QR Code, a company presentation, and introductions to the various devices for mobile data capture such as the BHT-1500, BHT-1400 and the GT20 scanner. For more information, click on the link below: https://www.youtube.com/channel/UCHp4Yboj7IccPlSeRxQ6yBQ.

QR Code is a registered trademark of DENSO WAVE INCORPORATED.

DENSO WAVE EUROPE GmbH
Parsevalstraße 9 A
40468 Düsseldorf

Phone +49 (0) 211 540 138 40

Managing Director:
Katsuhiko Toji
Keiichi Yamazaki

Marketing Communication Specialist:
Kaber Kolioutsis
Phone +49 (0) 211 540 138 63

Email:
kaber.kolioutsis@denso-autoid-eu.com


Website:
https://www.denso-wave.eu

Press Contact:
PPR Hamburg
Rafael R. Pilsczek, M. A.
Sinstorfer Kirchweg 18
D-21077 Hamburg
Phone +49 (0) 40 32 80 89 80
Fax +49 (0) 40 65 58 43 58
Mobil: +49 (0) 170 310 79 72

DENSO is one of the world’s largest manufacturers of mobile data devices. We follow one mission: Driven by Quality – maximum quality in mobile data collection. Decision-makers in the fields of retail, logistics, and production rely on DENSO for their business requirements and in implementing the Internet of Things.

DENSO is a member of the Toyota Group and is exclusively represented in Europe by DENSO WAVE EUROPE: www.denso-wave.eu

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Retail and RFID: DENSO and RFKeeper provide new solutions here

News-ID: 2079147 • Views:

More Releases from DENSO WAVE EUROPE

Benefits of RFID in retail: Improved inventory management and happier customers
Benefits of RFID in retail: Improved inventory management and happier customers
The use of RFID offers a whole range of advantages, two of which clearly stand out: precision and speed. DENSO explains what this means for the retail sector. Düsseldorf. From inventory control to increasing sales and reducing inventory costs, RFID has a positive impact on various aspects in retail. Even though RFID is not a new concept – a patent for the first RFID tag was developed as early as 1973
DENSO at the RFID & Wireless IoT tomorrow 2021: Efficient Solutions for Retail and Logistics
DENSO at the RFID & Wireless IoT tomorrow 2021: Efficient Solutions for Retail a …
Europe’s largest event for RFID & Wireless IoT technologies will take place on October 20th and 21st, 2021 at the RMCC in Wiesbaden. DENSO is one of the exhibitors at the hybrid event. Düsseldorf. The RFID & Wireless IoT tomorrow 2021, Europe’s largest event for RFID and wireless IoT solutions, will be organized as a live event in the RheinMain CongressCenter (RMCC) in Wiesbaden. A separate digital event will take place
Why RFID is the future: Working more efficiently with DENSO
Why RFID is the future: Working more efficiently with DENSO
Radio Frequency Identification (RFID) provides new and profitable opportunities for increasing organizational, financial, and operational performance. For instance, the retail and logistics industries can benefit from the superior RFID technology. DENSO explains why: https://www.denso-wave.eu/en/denso-products/rfid.html. Düsseldorf. DENSO WAVE EUROPE, member of the Toyota group, has developed and deployed various RFID readers and solutions, which are used for inventory management, in-store product movements at the POS, for warehouse management or shipping controls.
QR Code by DENSO: Benefits for the healthcare industry and medical practices
QR Code by DENSO: Benefits for the healthcare industry and medical practices
The QR Code by DENSO, member of the Toyota Group, offers more security for the healthcare industry, especially in the issuing of the new e-prescription. Düsseldorf. DENSO WAVE, member of the Toyota Group, is the inventor of the QR Code and the versatile 2D code offers numerous advantages. Among others, the healthcare industry benefits from using the QR Code. Since the beginning of the Corona pandemic, the QR Codes of the

All 5 Releases


More Releases for RFID

RFID Readers Market Growth by 2027 | Fixed RFID Readers, Integrated RFID Readers …
Future Market Insights (FMI) has published a new research report titled “Radio Frequency Identification (RFID) Readers Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027).” The report states that the growing penetration of advanced technology along with increasing supply chain complexities are encouraging consumers to adopt RFID technology. Owing to this, players operating in the RFID readers market are incessantly upgrading their product portfolios in order to meet the demands
Global RFID Tag Chips Market by Type, HF RFID Chip, UHF RFID Chip, LF RFID Chip, …
This study report Global RFID Tag Chips Market, the analyst provides growth estimates, forecasts, and an in-depth analysis of all key factors at play in the Market. The report takes into account the micro and macro factors that are likely to impact the growth trajectory of the Market. The study further presents details on the investments initiated by several organizations, institutions, government, and non-government bodies. The report investigates and analyzes the
RFID Equipment Market - The Rising Application of RFID In Healthcare RFID Techno …
The applications of Radio Frequency Identification (RFID) have widened in the healthcare industry, ranging from tracking medical equipment, patient identification and blood transfer monitoring to tracking the path of medication from pharmacy to the patient. Due to this, the RFID equipment market has witnessed a high growth rate over the years. Providing clients with in-depth analysis and competitive intelligence, the research report evaluates the RFID equipment market and all
RFID Tag Chip Market: By Applications - HF RFID Tags, UHF RFID Tags, LF RFID Tag …
Latest industry research report on: Global and United States RFID Tag Chip Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Request For Sample Report @ https://www.marketresearchreports.biz/sample/sample/1227953 This report studies the RFID Tag Chip market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits
rfid clear tag for rfid inventory (gyrfidstore)
RFID Disc Tags are widely used for inventory tracking system or Automatic production systems. The RFID Disc Tag can also work on metal surface with anti-metal layer on it, also can be attached to goods surface by adhesive layer. There are abundant size options from 12mm to 50mm. GYRFID presents several types with different material and size to suitable customer’s application. DIP Series- PVC Disc Tag, PVC Laminated, thickness of 1.0-1.2mm DIT
windshield rfid tag for rfid solutions(gyrfidstore)
The strength of RFID label or RFID Stickers compared with other tags is the thinner thickness, various size, flexible and cost efficient. It can be sealed inside of goods or stick on the device surface with adhesive layer. The label is also optional with anti-metal layer to mount and working on metal surface. GYRFID Provides different types Stickers to meet the requirement for different applications such as NFC Payments,