SML, a leading global provider of retail RFID technology and solutions, has announced an exclusive partnership with PervasID, a company that offers high-accuracy UHF Radio Frequency Identification (RFID) reader systems for automating inventory and asset tracking. The two companies will collaborate to deliver a unique combination of PervasID’s passive RFID reader technology and SML’s Clarity™ enterprise software solutions for the retail sector. This partnership aims to drive higher profits for retailers by providing innovative solutions to serve customers more effectively.
According to Dean Frew, SML CTO, as the Retail RFID market continues to demand innovations to better serve customers, they see a growing synergy between hands-free and handheld RFID solutions in stores and distribution centers, and they believe PervasID’s technology is leading this innovation.
Frew added that the adoption of item-level RFID solutions is rapidly growing, and many of those retailers are running on their Clarity application platform. Therefore, the addition of PervasID’s disruptive technology to their portfolio is a key part of servicing their customers with enhanced returns on investments.
Dr Sabesan Sithamparanathan, PervasID founder and CEO, expressed delight in combining their innovative technology with SML’s solutions, global network, and scale to help bring these innovations to retailers worldwide.
He said that the biggest single challenge for all retailers, regardless of size or type, is accurately and cost-effectively managing products inside their stores. The combination of the offerings from their two companies delivers unparalleled hands-free, real-time visibility capabilities, which drive tangible improvements to the bottom line in the form of reduced losses, stock management and insights, and more efficient e-commerce picking and packing. Sithamparanathan added that they’re excited to see the response from retailers.
In summary, SML and PervasID are joining forces to deliver high-accuracy, hands-free UHF RFID product visibility solutions to the retail sector. This partnership will offer retailers unparalleled visibility capabilities, enabling them to manage their stock efficiently and reduce losses, ultimately driving higher profits.