NeWave
Sensor Solutions and Cam Connections Partner to Release New Wireless Smart Shelf
at NRF LP Show
Visit Cam Connections'
Booth #1301 on June 11 and 12
Plain City (Columbus), Ohio - June 2, 2014 –
NeWave Sensor Solutions, LLC today announced it is partnering with
Cam
Connections, Inc. to demonstrate its new Smart Shelf system at the NRF Loss
Prevention Expo on June 11 and 12th at the Greater Fort Lauderdale/Broward
County Convention Center. Cam Connections will be exhibiting in Booth 1301.
The NeWave Smart Shelf is a unique and patented “no tags required” on-shelf
inventory control system that utilizes the revolutionary Wave RFID antenna to
provide precisely accurate, real-time automatic monitoring and notification of
on shelf merchandise availability with as little as a smart phone. Out of Stock
and low stock conditions can also be immediately detected and corrected to
accelerate sales and improve customer satisfaction. Based on criteria set by the
retailer for low inventory limits, the Smart Shelf software signals an alert
that can be sent to store managers, local and regional loss prevention personnel
or anyone who needs to be notified of theft or low inventory availability.
Potential Organized Retail Crime (ORC) incidents are alerted at the shelf rather
than the front door, avoiding associate confrontations. The Smart Shelf has been
well proven in the real-world and installation is presently being expanded in
food, drug and mass merchandiser stores.
Robert Bull, Cam Connections President expressed: “We are excited about working
with NeWave and their Smart Shelf technology. This is the first “No tags
required “solution that is ideal for continuously monitoring merchandise
availability in real-time. Working with NeWave expands our product offering into
RFID."
Joe Ryan, CEO of NeWave stated: "We developed the Smart Shelf system to assist
retailers in combating organized retail theft and out of stock shelf conditions.
These are two critical problems that represent billions of annual dollar losses
for retailers. Retailers and consumer goods manufacturers have never before had
immediate access to the on shelf item level inventory movement our solution can
provide. Smart Shelf also provides detailed product selection data at the shelf
that was never available in the past. The efficiencies gained have proven to be
enormous. We are very excited to be partnering with Cam Connections to
demonstrate our unique Smart Shelf capability.”
Read more here.
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