In most wholesale or retail companies, the products are accompanied by a barcode label. As they are moved from staff and customers (imagine big retail stores as well), they are often misplaced, or possibly sold/dispatched from the store, without having recorded such action in the enterprise’s database. As a result, employees are frequently obliged (once per month or more regularly, depending on the size of the enterprise) to carry out the painful inventory process. This process, in the majority of enterprises, is carried out manually, requiring overtime for manpower (a 1000m2 store with 10000 products would require 3-5 employees for two days in order to complete the inventory with barcode technology). If an RFID system is installed, the process is (usually) done using a portable RFID reader. In this case, the process is handled faster, but with many errors as it requires a repetitive action from the staff. While "expected" theoretical accuracy with portable readers is 99%, companies report real accuracy between 80% to 90% with this method due to the human factor.
The repetitive process easily creates the feeling for the user to "having completed" the scan in a certain area and the process has been associated with accidents, creating health issues for staff.
Human errors are avoided (the precision of inventory by RFID technology is 99.9%).
The problem of stock-outs, the lack of a product in the warehouse - is a problem that causes sales decline and frustration for buyers.
Reduces the required number of products by code, maximizing the number of codes per sq. m. and thus the total investment capital due to 'overstocking' is reduced.
Robots are expected to dramatically improve the efficiency and accuracy of this process, with significant economic benefits for the business.