SOLUTIONS: RETAIL

Inventory management can often prove to be costly, as well as very time consuming. Intelligentz is introducing a newly developed asset tracking software enabling manufacturers and retailers the information on specific consumer movement throughout a retail environment. The RFPro Series™ powered by Pangaea will track the movement of a shopping cart as it moves throughout the store, determine buyer patterns, brand loyalty, actual traffic counting by aisle, wait time at service counters or checkout and actual shopping pattern when compared to the point of sale data. Intelligentz is implementing two pilots currently for this patent pending application at one major grocery chain and one local retailer.

• Better inventory solutions - Inventory can be managed in a much timelier manner so that tasks can be achieved more efficiently. Inventory can be accessed by your computer at any time so that you can verify asset location, stock availability and expiration dates.  The RFID tags will be able to track the packaging of an asset to its purchase and then communicate this back to a main system. 

• Enhanced Customer Service - You can replace guesswork with real-time customer information from Point of Sale, resulting in an inventory that accurately reflects what is sold and what is sold the most. You will be able to ensure customer loyalty by making sure that shelves are never empty therefore customers never go unsatisfied.  You will also be able to map shopping behavior to see if customers are price sensitive or brand loyal.

This retail asset tracking series will in the near future assist retailers with shopping cart management, on a daily basis with an integrated advanced locking mechanism when a cart is removed from the store’s designated area.