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AbsoluteSKY's Item-Level RFID Tracking System Saves Labor Costs Linval Joseph Vikings Jersey , Increases Sales


By Kris Nickerson

With its RFID-based intelliTRACKER(tm) product suite for item-level inventory tracking in retail, AbsoluteSKY is poised to capture a substantial share of the rapidly expanding Radio Frequency Identification market. "The RFID market is growing exponentially, with global RFID spending estimated to be between $3 billion and $6 billion worldwide by 2010," says John Frabasile, President and CEO of AbsoluteSKY ( ). "Our breakthrough technology enables retailers to have the real-time data they need to enhance their sales while decreasing labor costs."

The mass merchandising giant Wal-Mart made the first splash when it instituted an RFID pilot program in 2003 to track merchandise at the case and pallet level with the objective Harrison Smith Vikings Jersey , among others, of improving the test stores' out-of-stock rate. In May of this year, researchers at the University of Arkansas announced that this simple RFID implementation decreased the out-of-stock rates for certain inventory items by as much as 62 percent.

While the Wal-Mart trial demonstrated the efficacy of RFID tagging in retail, intelliTRACKER's innovative and fully integrated RFID-based technology solution has the potential to create a sea change in the specialty retail industry. According to Frabasile, "Our integrated intelliTRACKER product suite addresses critical issues for the specialty retail industry Kirk Cousins Vikings Jersey , such as automating inventory tracking to the item-level, improving the customer experience, reducing shrinkage and gaining full control over loss prevention." intelliTRACKER's ability to track individual items from the factory