Retail Merchandise Availability

Retail shelf losses due to Organized Retail Crime are estimated to exceed $ 30 billion a year in North America. Losses due to out of stock shelf merchandise are estimated to negatively impact at least 4% of annual gross store sales. These are big loss numbers, but think about the impact of loss in brand loyalty to the supplier and the negative image for the retailer, and the amount of time spent by customers looking for a brand only to find it to be out of stock or the loss of productivity when an employee is trying to find stock in the back room.

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Primary Drivers

• Building customer loyalty and brand equity
• Ordering and inventory accuracy
• Increasing employee productivity
• Theft prevention
• Creating a safer store environment

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How can NeWave help?

NeWave has made a major technology advancement with the use of our unique Wave™ Antenna, which provides retailers the ability to continuously monitor for merchandise availability at the shelf level. In simple terms, when an item leaves the shelf, our "Smart Shelf" sees it. Based on criteria set by the retailer for low inventory limits, the "Smart Shelf" software signals an alert that can be sent to store managers, local and regional loss prevention personnel, and/or law enforcement as well as trigger an audio alarm message and a video capture alert within the store. We are making it easy to get real time in or out of stock shelf information available anytime to any authorized person or group.

Key Features of the NeWave Smart Shelf:

• Most accurate reading of RFID tags on retail shelves
• No item level tagging required-no privacy issues
• Instant Organized Retail crime alerts
• Automatic and simultaneous shelf monitoring and notification
• Historical item level movement
• Easy to install and scalable
• Works with any Gen 2 RFID solution