THOROFARE, N.J.--(BUSINESS WIRE)--
Checkpoint Systems, Inc., (CKP), a leading global supplier of merchandise availability solutions for the retail industry, today announced that a leading North American retail chain completed the deployment of Checkpoint’s Radio Frequency Identification (RFID) solutions in all of its 1,000+ retail stores.
The retailer selected Checkpoint as its end-to-end solution provider based upon many criteria, including Checkpoint’s performance during a pilot in a significant number of its stores and its capability to scale-up deployment of hundreds of stores per week. Checkpoint’s software architecture and its licensed technologies also minimize the risk of RFID patent licensing litigation which enabled the retailer to achieve a rapid return on investment.
The retailer’s objective in deploying RFID is to improve the consumer’s shopping experience through improved inventory accuracy and merchandise availability, both omni-channel and in-store. As a result, consumers will find exactly what they are looking for when they are ready to buy. RFID will provide the retailer with improved operational visibility, enabling the retailer to move products from stock rooms to the sales floor at the right time, and to optimize the location of inventory throughout the supply chain and stores.
To accomplish this, the retail chain deployed Checkpoint’s Merchandise Visibility enterprise software centrally in its data center, together with handheld RFID readers to perform regular in-store inventory counts, Checkpoint’s RFID tags and labels for initial store tagging, tagging at distribution centers, and source tagging. Based on its solution architecture and deployment methodology, Checkpoint was able to complete the implementation of this solution chain-wide in more than 1,000 stores in just 100 days.
“RFID provides rapid benefits and a platform for competitive advantage. We are excited to be the systems integrator and program lead for this implementation, and we are committed to a successful and evolving RFID program as this innovative retailer aims to leap-frog its competition,” commented Per Levin, President and Chief Sales Officer, Merchandise Availability Solutions, Checkpoint Systems.
Because the retailer views its RFID implementation as a competitive advantage, it has chosen at this time to remain anonymous.
About Checkpoint Systems, Inc. (www.checkpointsystems.com)
Checkpoint Systems is a global leader in merchandise availability solutions for the retail industry, encompassing loss prevention and merchandise visibility. Checkpoint provides end-to-end solutions enabling retailers to achieve accurate real-time inventory, accelerate the replenishment cycle, prevent out-of-stocks and reduce theft, thus improving merchandise availability and the shopper’s experience. Checkpoint's solutions are built upon 45 years of radio frequency technology expertise, innovative high-theft and loss-prevention solutions, market-leading RFID hardware, software, and comprehensive labeling capabilities to brand, secure and track merchandise from source to shelf. Checkpoint's customers benefit from increased sales and profits by implementing merchandise availability solutions to ensure the right merchandise is available at the right place and time when consumers are ready to buy. Listed on the NYSE (CKP), Checkpoint operates in every major geographic market and employs 4,700 people worldwide.
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