RFID and digital ID transforming the food business

RFID and digital ID transforming the food business

The food industry is going through deep, seismic changes driven by the evolution of new technology in both manufacturing and our daily routines. Through the Internet of Things, nearly everything in our lives as consumers is evolving toward less friction and more automation. From cashier-less stores to ordering via smart speaker, time-strapped consumers are gravitating toward shopping that’s less of a chore. In addition, customers want to know what’s in their food, and where exactly it came from, all the way back to the source. Supply chains are now dinner-party conversation topics and the race to deliver convenience is on, one where smarter supply chains must provide transparency and accountability above all.

Enhancing sustainability and customer experience

Digital ID solutions such as RFID dramatically improve inventory management and enable you to see exactly what’s come in, how much product you have, and when it leaves — with 99 percent accuracy. That allows you to automate, to maintain quality and shelf life without compromise, to locate lost products, to redirect what needs to be redirected, and to withdraw only what needs withdrawing. 

The future of food is here

By adding a unique identifier and online connectivity to every item in any inventory, RFID-enabled labels let grocers, restaurants, convenience stores and food suppliers dramatically improve inventory management, efficiency, traceability, sustainability, and customer satisfaction. We design our solutions to meet customers’ most pressing challenges, and continually innovate to make sure we stay a step ahead of the industry’s rapidly changing needs.

  • Inventory management: By providing atomic levels of visibility into your inventory and supply chain, RFID technology enables you to flexibly adapt to the market and better satisfy consumer demands. In particular, RFID solutions can create more advanced models for fulfillment and replenishment. This means replenishing products sooner, and reducing customer dissatisfaction and sales lost from out-of-stocks.
  • Traceability: More consumers than ever expect transparency in their food supply. At the same time, product recalls are a major business risk, with millions of dollars’ worth of product at stake. Our solutions enable you to verify a food item’s journey across the entire supply chain, from its source to its final destination, and pinpoint any trouble spots along the way, minimizing risk and cost.
  • Frictionless shopping: In the swirling sea of frictionless and touchless technologies, RFID tagging emerges as the best choice for grocery retailers of any size. It not only offers an easier, more enjoyable experience for your customers — it also provides powerful advantages for your business.
  • Sustainability: Avoiding overproduction and reducing food waste are growing demands from customers across the globe. RFID tagging can help you reduce waste by as much as 20 percent by aligning your inventory with variable demand across different regions. Data provided by RFID also gives you far greater visibility into expiry, enabling you to discount or otherwise promote soon-to-expire items. You can also monitor temperature-sensitive products during their journey through the supply chain, to help you avoid waste through spoilage.

So, what does that mean in practice?

The future of frictionless food

Frictionless grocery shopping isn’t “the future” anymore. It’s happening right now, as grocers, convenience stores, and upstart brands deploy it in the fight for stomach share. 

In this report, we uncover true insights about the latest changes in the food industry – in a world where COVID-19 has suddenly made digitally enabled shopping not just a convenience, but a lifesaver.

Transforming the beverage industry with Dirty Lemon

Thanks to RFID technology, high-end beverage brand Dirty Lemon has created a fully frictionless experience at its store in the heart of Tribeca, NYC. Since RFID assigns a unique identifier to each beverage, the brand is able to track product life cycle, decrease theft, enhance the consumer experience, and support frictionless checkout.

Let's talk about food

Our solutions for the food industry are helping brands to manage their global supply chains more effectively. A blockchain-enabled food supply chain, enhanced by IoT devices and AI computing, could move us closer to zero-waste food consumption.