Inventory Management Technology

Prevent loss or theft with an inventory management solution

PPE Vending Machine Australia provides business and brands with quality smart custom vending machine solutions. There are now loss prevention technologies which can help businesses, retailers and factories combat the problems of loss or theft. Take a look at some inventory management technologies below.

Radio Frequency Identification (RFID) Tags

Radio Frequency Identification (RFID) tags make use of electromagnetic fields within radio frequencies to uniquely identify products, like footwear, clothing, or electronic devices. A lot of retailers across Australia now tag wares with RFID.

Biometrics

These involve using unique physical characteristics like retinal scans and fingerprints to identify individuals, users, customers, and employees and grant them authorised access. Such biometrics can help improve security, prevent unauthorised access, and prevent theft.

Facial Recognition

Shoplifting account for a high percentage of loss among businesses across the world. To combat this, some retail shops have CCTV cameras installed across their store. Some of these cameras feature facial recognition technology that can the face of every individual entering a shop. With this, business owners can identify shoplifters and prevent it from happening.

Shelf-Scanning Robots

Another way through which retailers can manage inventory and reduce shrink is by using shelf-scanning robots. These devices make use of the Internet of Things (IoT) technology to scan shelves for inventory, price, and labeling. This way, store owners can mitigate losses due to pricing and labeling errors.

Smart Shelves

These smart shelves use a combination of microphones, weight sensors, proximity sensors, and 3D cameras to detect when products are removed from specific shelves or displays. These smart shelves are great way to prevent loss and make restocking operations more efficient.

Point-of-Sale (POS) system

Using point-of-sale (POS) product activation, products can be digitally locked at the point of production or manufacturing. Such products, like laptops and mobile phones, can be activated by a code which will be available on the receipt after payment has been successfully made for the product. Unless the product is purchased and activated, it does not function.

GPS Product Tracking

GPS trackers can be used to mitigate theft by both employees and shoplifters. Each product packaging will contain a GPS tracker. With this, each item can be monitored during shipment and while they are stocked on the store shelf. In case an item is removed from the store shelf without payment being made, store security will be alerted or notified.

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Contact PPE Vending Machines Australia today to discuss a custom vending machine solution for your business. We operate throughout Australia – Sydney, Melbourne, Brisbane, Canberra, Perth, Darwin, and Adelaide Australia.

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