DDCT asset management-jewelry RFID anti-theft management
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For thousands of years, jewelry has been a symbol of aristocratic life, and it is also a representative of luxury goods that women are willing to chase. From the simple gold design for daily wear to serious traditional festival occasions, there is a large demand for jewelry. For jewelers, how to manage these expensive assets and achieve maximum profit is particularly important. Now let us pay attention to how RFID can use “smart stores” to help jewelers manage these assets!
1. Project background:
After investigation, I understand that jewelers often encounter the following problems
1. Suffered huge economic losses due to internal thefts-Jade Jewellery lost nearly 1 million riyals (approximately US$267,000) of jewelry to be written off due to the theft, but the company was unable to confirm the thief’s cause due to lack of evidence identity.
2. Due to internal theft, many troubles in inventory counting have been caused.
3. For extremely noble jewelry, it can be used to prevent the robbing of jewelry and use its tracking function to recover the loss as much as possible.
Based on RFID technology, Contemporary Communication Technology Co., Ltd. has developed a technical solution that can monitor jewelry sales and store personnel activities to help jewelers solve problems.
2. Recommended products:
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DRF-8801 series integrated reader
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DRF-2711X Desktop Card Issuer
This reader can be used in conjunction with other application software to monitor, control and track labeled jewelry.
3. System implementation:
Each piece of jewelry in the jewelry store is affixed with a passive UHF EPC Gen2 RFID tag label before it is placed in the display cabinet. These tags store data and use radio waves to automatically identify the jewelry item.
DDCT readers are installed on the shelves at the entrances and exits of the jewelry store and at the security gates. The complete RFID system includes hardware, asset tracking and software integrated with the existing ERP system, which can monitor, track and control all jewelry items in the store according to the company’s requirements. The system can react and respond to the behavior of employees. If there is a violation, the system will send an alert to the store manager.
In order to further improve security measures, the system has issued RFID badges to each employee, and their whereabouts can be recorded on the main server so that employees will not trigger any alarms when they are in contact with jewelry. The system gives employees one minute to take the jewellery items out of the box and place them in the display tray. After the mobile display tray is placed on the inspection table, the antenna installed in the middle will continue to monitor until the tray returns to the shelf or display box. If there is any abnormal operation in the process of sales, transfer, shipping or safe replenishment, the system will issue an alarm.
After the daily work is over, the employee will start a set of procedures of the “Asset Smart Tracking Store” application software to inform the RFID system that all the jewelry is intact. After the jewelry is placed on the desktop of the POS machine, the RFID system will automatically identify and ensure that all the goods have been transferred to the safe. The system verifies the cargo and ensures that the cargo enters the safe through a dedicated antenna installed in front of the security door. Other services provided by the system, such as the management process of transferring goods from one store to another, consigning and returning products from customers, are all performed using RFID readers in conjunction with asset tracking applications.
Fourth, the efficiency brought by RFID
1. No more internal theft
2. Reduce inventory time and easily complete inventory work in 10 minutes a day
3. Can track and manage jewelry sales processes and activities.
4. Obtain customer preference information about products, select hot-selling products, and reduce inventory turnover time.
The company customizes product solutions suitable for customers’ needs, and configures dedicated project personnel to track each customer project. If you are interested in our company’s products and solutions, please contact us, thank you!
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