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Nedap introduces cloud-based RFID solution for retail stores

According to the company, !D Cloud is the first solution in the market that enables retailers to significantly improve their on-shelf merchandise availability without major investments or changes to their existing IT infrastructure.

February 13, 2015

Nedap, a provider of loss-prevention and stock-management technology for the retail sector, announced it will launch its new cloud-based software platform !D Cloud at the upcoming EuroCIS trade show, held in Düsseldorf, Germany, Feb. 24-26. According to the company, !D Cloud is the first solution in the market that enables retailers to significantly improve their on-shelf merchandise availability without major investments or changes to their existing IT infrastructure.

The !D Cloud platform is specifically developed for retail applications, enabling retailers to quickly improve their in-store stock accuracy to more than 98 percent, the company said. To achieve this, retailers only have to perform periodic cycle counts with handheld RFID readers. All collected RFID reads are sent to the retailer's private cloud via Wi-Fi. The platform then translates this data into stock information and generates a list highlighting the differences between the data from the retailer's ERP system and the RFID cycle count. The application also gives an overview of all items that are available in the stock room, but not on the shelf.

"While RFID technology clearly has significant benefits for the merchandise availability in retail stores, [for many retailers] in-store IT requirements and the software integration work as a major obstacle," said Rob Schuurman, managing director at Nedap Retail. "With our cloud-based software solution, retailers can start benefitting from the RFID deployment in their stores from day one."