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INTERSPORT JB Deploys RFKeeper's RFID Retail Solution Supported by Cross Point

InterSportDusseldorf, Germany — EuroShop Hall 06, Booth D19 — February 5, 2014 — Cross Point (http://www.crosspoint.nl/), a leader in retail loss prevention systems, and RFKeeper (www.rfkeeper.com) a leading global provider of Plug & Play RFID Solutions for Fashion Retailers, today announced INTERSPORT Jan Bols in the Netherlands, has deployed RFKeeper's Plug & Play RFID Solution for automated inventory counts and stock replenishment. The solution enables INTERSPORT JB to conduct a complete inventory count every week, optimize logistics, and ensure all products are available and displayed on the sales floor.

In today’s fast-moving, highly competitive sportswear industry, retailers need to accurately know store's inventory in order to ensure all products, colors and models are available for the shoppers. Retail chains seek for solutions that will enable them to accurately monitor inventory, avoiding out-of-stocks resulting in customer walk offs and lost sales. INTERSPORT JB looked for a solution that could be implemented instantly, and deliver ROI in less than a year. Moreover, since INTERSPORT is using Cross Point's state of the art EAS gates, it was crucial that the selected solution and RFID tags to be compatible with the exiting EAS gates.

The solution from Cross Point and RFKeeper enables INTERSPORT to improve inventory accuracy, increase sales, and reduce stock carrying costs. RFKeeper's EAS RFID Tags are compatible with INTERSPORT's existing EAS gates, preserving their past investment in security. Quick and accurate inventory count of the entire store (around 10,000 items) is performed by a store associate, takes around 20 minutes and can be accomplished by scanning shelves and racks from a distance. The solution enables INTERSPORT JB to conduct a complete inventory count on a weekly basis. All items in the store remain untouched and there is no need to waste precious time on pre-count or post-count preparations. Reports are automatically generated and uploaded to the chain's existing inventory management system, thus enabling the store manager to precisely order items from the INTERSPORT warehouse and various suppliers.

“With our new RFKeeper solution supported by Cross Point, we are able to quickly count the store's inventory every Monday morning. It gives me great confidence that we are ordering the right products and that our inventory records are very accurate and up to date," said Alexander Bols, General Manager, INTERSPORT Jan Bols. "Our workers like the solution and instantly adopted it since it is intuitive, and did not require changes in our daily working procedures."

In addition, INTERSPORT JB implemented RFKeeper's Smart POS Detachers to shorten checkout lines at the POS. The detacher removes the security tag and cuts customer checkout time by up to 50%, since barcode scanning is not required. The result is shorter lines, accurate price charging, and improved shopping experience.

“For years Cross Point has provided leading EAS security and visitor counting solutions to retailers such as INTERSPORT and we are pleased to deliver the next big thing in retail – automated inventory counts and item-level stock management based on RFID,” said Andre de Haas, Managing Director, Cross Point.

Amir Ben-Assa, VP Marketing & Business Development, RFKeeper noted: "The quick deployment at INTERSPORT JB is another great example for the advantages of RFKeeper's Plug & Play approach. We at RFKeeper believe RFID solutions should be implemented immediately with no integration or costly investment in IT infrastructure. INTERSPORT deployed our solution in less than a day and started to gain the RFID solution benefits from day one."

Cross Point and RFKeeper will present the RFID solutions at EuroShop Hall 6, Booth D19.

About Cross Point
Cross Point is a leader in retail loss prevention systems and supplier of high-performance security products and store performance analysis solutions. We help retailers to minimize losses and maximize profit. Delivering added value and exceeding customer expectation have been our objectives since the start in 1993. Striving for the best possible products and services implies interaction with our customers on a day-to-day basis and know-how about the latest technology and processes. For more information visit www.crosspoint.nl.

About RFKeeper
RFKeeper is a leading global provider of supply chain management and loss prevention solutions. RFKeeper's solutions use patent-pending, innovative “Passive +” RFID technologies to provide retail chains with inventory management, loss prevention, targeted marketing and sales, and supply chain visibility solutions. Many top retail chains have deployed RFKeeper's field-proven solutions achieving tangible benefits such as increased sales, merchandise shrink reduction, and improved store profitability. For more information visit www.rfkeeper.com or watch our YouTube video.

Contacts:
Victor van Essen
Cross Point
Tel: +31-621-703234
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Zack Shrem
RFKeeper
Tel: +44-2070-486662
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