NeWave Sensor Solutions has made a major technology advancement with the use of our patented Wave Antenna, which provides retailers the ability to continuously monitor merchandise availability at the shelf level in real time with any smart device. Thus, Smart Shelf can prevent Out of Stocks without needing to tag each individual item.
When an item leaves the shelf, our patented “Smart Shelf” sees it even when it is not tagged. Smart Shelf places the tags on the product pusher, the spring of the pusher blocks the tag until an item is removed and the tag is exposed to be read with 99+% read rate accuracy. There is no need to tag items, so you get all the benefits of an RFID solution, without the added labor, item tag and maintenance costs.
Based on criteria set for low inventory limits, Smart Shelf signals an immediate alert to appropriate personnel that they need to restock specific items in a timely way before they are OOS. In real-world in-store tests, on shelf product availability improved by nearly 70%.
Loss prevention personnel can receive an immediate alarm message when an unusual (as defined by the end-user) number of items are taken off the shelf simultaneously signaling a theft is taking place. This can be easily backed-up by a video capturing the action at the shelf. Smart Shelf in real-world tests reduced theft of a popular energy drink from 30% to 3% in just three days. The alarm is done in such a way that the normal customer is not bothered. For example, the alarm could be “ customer assistance needed at Smart Shelf”.
Smart Shelf makes it much simpler to have real time shelf inventory available at anytime to any authorized person or group via any smart device.
* The CES® Innovation Awards are based upon descriptive materials submitted to the judges. CEA did not verify the accuracy of any submission or of any claims made and did not test the item to which the award was given. The CES® Innovation Awards is an annual competition honoring outstanding design and engineering in consumer technology products.