Inventory Visibility System targets nationwide retailers.
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Press Release Summary:
Powered by GlobeRanger's iMotion Edgeware enterprise-grade software and high-frequency tags from TI, INCOMPASS offers retailers information on what display items are in stock and which are drawing more attention. Transponder, which incorporates ISO/IEC 15693 silicon in different form factors to accommodate various sizes of tagged items, can be placed behind wood, metal, and plastic fixtures without hampering data exchange.
Original Press Release:
Store Kraft Launches INCOMPASS Inventory Visibility Solutions Powered by GlobeRanger
DALLAS, March 22 /- RFID WORLD BOOTH #1011 -- Store Kraft, a leading supplier of retail store fixtures and display systems, today introduced INCOMPASS, a new line of "smart fixture" inventory visibility solutions from its 5Stat division that takes RFID beyond supply-chain tracking to real-time inventory. The solution, powered by GlobeRanger's iMotion Edgeware platform and high-frequency tags from Texas Instruments Incorporated (NYSE:TXN) (TI), is currently in pilot implementations for several leading retailers nationwide.
"This new capability offers retailers up-to-the-minute information on what display items are in stock and which are drawing the most attention, enabling them to better optimize merchandising practices and increase sales," said Store Kraft CEO Gary Cook. "By developing this technology through the manufacturing sector, we have effectively 'un-stacked' the margins of hardware suppliers, making item-level RFID more affordable and accessible to end- users."
INCOMPASS leverages GlobeRanger's iMotion platform, along with an RFID tag attached to each retail item. The transponder, which incorporates ISO/IEC 15693 silicon from Texas Instruments packaged in different form factors to accommodate various sizes of tagged items, can be placed behind wood, metal and plastic fixtures without hampering data exchange.
"RFID is enabling new retail item-level applications like INCOMPASS that go beyond identification to incorporate the business benefits of security, authentication and real-time inventory management," said Mikael Ahlund, director of TI's RFID asset tracking business.
"Store Kraft's innovative INCOMPASS solution is a testament to how distributed edge-network intelligence can enable virtually unlimited new capabilities for sales and other traditional business functions," said GlobeRanger President and CEO Len Chermack. "We're excited to work with them and Texas Instruments to leverage RFID technologies that provide tangible and immediate return-on-investment to end-users."
The iMotion(TM) Edgeware(TM) Platform provides the critical software infrastructure for automation at the edge. Comprehensive and enterprise-grade, iMotion enables quick, flexible implementation and effective operation of edge solutions.
About Store Kraft/5Stat
With more than 85 years of experience, Store Kraft is a leading supplier in the fixture industry, providing smart, integrated technology solutions that generate a real bottom-line impact.
Its 5Stat division is a leader in digitally-secure access control solutions. 5 Stat integrates digital control devices for doors and passageways in concert with access control for room furnishings, store fixtures, laboratory cabinets and other casework. For further information, visit www.storekraft.com/ or http://www.5stat.com/.
About GlobeRanger
GlobeRanger is the leading provider of RFID, mobility and sensor-based edge software solutions. Its innovative Edgeware(TM) platform, iMotion(TM), provides the critical infrastructure layer for managing devices, networks, data and processes at the edge of the enterprise, enabling real-time response. iMotion serves as the foundation for GlobeRanger and its partners to rapidly develop, deploy and manage edge solutions. Founded in 1999, GlobeRanger is headquartered in Richardson, Texas. For more information, visit: http://www.globeranger.com/.
About Texas Instruments RFid Systems
Texas Instruments is the world's largest integrated manufacturer of radio frequency identification (RFID) transponders and reader systems. Capitalizing on its competencies in high-volume semiconductor manufacturing and microelectronics packaging, TI is a visionary leader and at the forefront of establishing new markets and international standards for RFID applications. For more information, contact TI-RFid(TM) Systems at 1-800-962-7343 (North America) or +1 214-567-7343 (International), or visit the Web site at www.ti-rfid.com/.
