Checkpoint Systems and Mojix Partner to Bring Hands-Free RFID Inventory Management to Retail
Partnership Targets Improved Store Operations and Omni-Channel Program Execution via Hands-Free RFID Solutions
Orlando – April 8, 2014 – Checkpoint Systems, Inc., (NYSE:CKP), a leading global supplier of merchandise availability solutions for the retail industry, and Mojix® Inc., the leading provider of wide-area, fixed infrastructure, passive-RFID solutions, today announced here at RFID Journal LIVE that they have entered into a global partnership. This relationship will bring end-to-end solutions designed to improve store operations and omni-channel program execution to brick-and-mortar retailers.
The end-to-end solution incorporates the best-of-breed Merchandise Visibility Solution from Checkpoint, together with Mojix’s OmniSenseRF™ advanced inventory tracking system for retail. The combined solution delivers multiple proven business benefits to retailers for continuous, perpetual inventory, item tracking and location identification.
Checkpoint’s Merchandise Visibility Solution includes:
– Industry-leading OATSystems software
– RFID tags
– RFID-trained field engineers to deploy and support the implementation
– RFID-based EAS leveraging the OneTag™ approach and Wirama Radar™
– RFID-based point-of-sale solutions
– RFID compliance tools
Mojix’s OmniSenseRF™ advanced fixed infrastructure solution features a continuous inventory count engine and an item location engine leveraging Mojix’s experience and patented technology for Real Time Location Systems (RTLS) using phased array antennas. OmniSenseRF™ continuous count engine provides continuous visibility of EPC Gen2 tagged goods throughout the store. The OmniSenseRF™ location engine offers omni-channel retailers increased visibility for pick and ship from store, to find misplaced items and monitor inventory movement throughout the store.
“We see an increase in the number of apparel retailers interested in the benefits of an always-on, hands-free RFID solution,” said Farrokh Abadi, president and chief operating officer Merchandise Availability Solutions for Checkpoint Systems. “Together with Mojix, Checkpoint is pleased to offer a powerful fixed infrastructure solution proven to significantly boost same store revenue.”
“We are delighted to partner with Checkpoint,” said Ramin Sadr, CEO and Founder of Mojix. “Mojix’s OmniSenseRFTM retail solution combined with Checkpoint’s Merchandise Visibility Solution enables unprecedented inventory visibility for both in-store and omni-channel operations, providing improved visibility and replenishment, which in turn reduces out-of-stocks, increases sales, and improves the customer’s experience.”
The partners have already successfully deployed the joint solution for an apparel retailer in North America, and have multiple discussions underway for additional implementations.
About Checkpoint Systems, Inc. (www.checkpointsystems.com)
Checkpoint Systems is a global leader in merchandise availability solutions for the retail industry, encompassing loss prevention and merchandise visibility. Checkpoint provides end-to-end solutions enabling retailers to achieve accurate real-time inventory, accelerate the replenishment cycle, prevent out-of-stocks and reduce theft, thus improving merchandise availability and the shopper’s experience. Checkpoint’s solutions are built upon 45 years of radio frequency technology expertise, innovative high-theft and loss-prevention solutions, market-leading RFID hardware, software, and comprehensive labeling capabilities to brand, secure and track merchandise from source to shelf. Checkpoint’s customers benefit from increased sales and profits by implementing merchandise availability solutions to ensure the right merchandise is available at the right place and time when consumers are ready to buy. Listed on the NYSE (NYSE: CKP), Checkpoint operates in every major geographic market and employs 4,700 people worldwide.
About Mojix, Inc. (www.mojix.com)
Mojix is the leading technology and solution provider for wide-area RFID networks with unique passive RTLS capabilities which provides organizations with visibility of any object, item, case, product or asset in their supply chain. Providing the only wide-area passive RFID reader on the market, Mojix locates tags across large physical areas to significantly improve an organization’s ability to manage its production and logistical processes at a lower TCO. Unlike conventional passive RFID systems that are limited in coverage area and read range, and active RFID systems that require costly battery-operated sensors, Mojix offers the best of both worlds: active RFID capabilities at passive RFID economics.