SML, a worldwide leader in retail RFID technology and solutions, has announced a strategic partnership with PervasID, a company providing innovative, high-accuracy UHF Radio Frequency Identification (RFID) reader systems for automating inventory and asset tracking. This exclusive partnership will focus on delivering a unique combination of PervasID’s passive RFID reader technology and SML’s Clarity™ enterprise software solutions to drive higher profits for retailers.
According to SML CTO, Dean Frew, “As the Retail RFID market continues to demand innovations to serve customers more effectively, we see a growing synergy between hands-free and handheld RFID solutions in stores and distribution centers and we see PervasID’s technology leading this innovation.”
With item-level RFID solutions rapidly growing and a large portion of those retailers running on SML’s Clarity application platform, the addition of PervasID technology to their portfolio is seen as a key part of servicing customers with enhanced returns on investments.
Dr Sabesan Sithamparanathan, PervasID founder and CEO, said, “We are delighted to be combining our innovative technology with SML’s solutions, global network, and scale to help bring these innovations to retailers around the globe. The biggest single challenge for all sizes and types of retailers is how to accurately and cost-effectively manage products inside their stores. The combination of the offerings from our two companies delivers unparalleled hands-free, real-time visibility capabilities.”
The results of this collaboration will drive tangible improvements to the bottom line in the form of reduced losses, stock management and insights, more efficient e-commerce picking and packing, and more. The companies are excited to see the response from retailers as they roll out this new technology.