Last Updated on: 22nd November 2023, 04:08 am
SML and PervasID, two companies specializing in Radio Frequency Identification (RFID) solutions and technologies, respectively, have entered into an exclusive partnership to offer unique and innovative retail solutions. They plan to combine PervasID’s RFID reader technology with SML’s Clarity™ enterprise software to improve inventory and asset tracking and drive higher profits for retailers.
Dean Frew, SML CTO, expressed his excitement about the partnership, stating that they see a growing synergy between hands-free and handheld RFID solutions in stores and distribution centers, with PervasID’s technology leading the innovation. Frew also highlighted the benefits of the partnership, adding that the addition of PervasID’s disruptive technology to their portfolio will help service customers with enhanced returns on investments.
Dr Sabesan Sithamparanathan, PervasID founder and CEO, also expressed his delight at the partnership, stating that the combination of the companies’ offerings delivers unparalleled hands-free, real-time visibility capabilities. He explained that the biggest challenge for retailers of all sizes is managing products inside their stores cost-effectively and accurately. The results of the partnership between SML and PervasID will drive tangible improvements to the bottom line in the form of reduced losses, better stock management and insights, and more efficient e-commerce picking and packing.
The retail industry continues to demand innovations to serve customers more effectively, and the adoption of item-level RFID solutions is rapidly growing. With a large portion of those retailers running on SML’s Clarity application platform, the addition of PervasID’s technology to their portfolio is key to servicing customers with enhanced returns on investments.
Overall, the partnership between SML and PervasID brings together two companies with unique strengths to deliver an exceptional and much-needed solution to the retail industry. The collaboration will drive higher profits for retailers and transform how they manage their products, leading to tangible improvements in the bottom line.