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Inventory Expiration Management
Setting a New Standard for Managing PerishablesSensormatic’s Inventory Expiration Management solution addresses the challenges of managing perishable inventories and time-sensitive consumer goods, helping businesses effectively track products to stay ahead of product expiration.
By leveraging electronic product code (EPC) encoded radio frequency identification (RFID) labels, businesses can seamlessly monitor product lifecycles at every stage of the supply chain. This approach not only helps ensures regulatory compliance but also enhances operational visibility, optimizes inventory management strategies, and improves overall efficiency.
Reducing Perishable Loss
Globally, significant amounts of perishable inventory are lost each year due to product expiration, with Health, Beauty, and Cosmetics (HBC), Grocery, and Pharmaceutical retail verticals being especially impacted.
Manual inventory systems, such as barcode scanning, often fail to manage expiration dates effectively, resulting in waste and inefficiency. Radio Frequency Identification (RFID) technology modernizes inventory management, reducing labor costs and enabling timely markdowns for expiring items. TrueVUE Cloud Expiry solution can provide insights into product lifecycles and consumer trends, enabling smarter purchasing, restocking, and promotions. This integrated approach improves operational efficiency, enhances sustainability, and keeps fresher products on shelves, increasing overall shopper satisfaction.
Other benefits
Ensure products are sold or discounted before expiration
Optimize 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 reputational damage from non-compliance
Drive sales and revenue through smart sales tactics like bundling, discounts, or promotions for items approaching expiration
Streamline operations, improve restocking plans, and minimize time spent on rotating inventory
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