Reducing Perishable Loss
Globally, significant amounts of perishable stock are lost each year due to product expiration, with a significant impact on Health, Beauty and Cosmetics (HBC), Grocery and Pharmaceutical retail verticals in particular.
Manual inventory systems, such as barcode scanning, often fail to manage expiration dates effectively, resulting in waste and inefficiency. Using RFID technology, Sensormatic Solutions helps to modernise stock management, reducing labour costs and enabling timely markdowns for expiring items. Our Inventory Expiration Management solution can provide insights into product lifecycles and consumer trends, enabling smarter purchasing, restocking and promotions. This approach not only helps to ensure regulatory compliance, but also enhances operational visibility, optimises stock management strategies and improves overall efficiency.
Other benefits
Ensure products are sold or discounted before the expiry date
Optimise stock levels and reduce the risk of overstocking products
Deliver fresh products to customers, improving brand perception and encouraging repeat purchases
Meet government regulations and avoid damage to reputation caused by non-compliance
Drive sales and revenue through smart sales tactics such as bundling, discounts or promotions for items approaching their expiry date
Streamline operations, improve restocking plans and minimise time spent on rotating stock
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