The partnership aims to provide retailers and brands with real-time product visibility and granular information on stock levels through a unique combination of PervasID‘s RFID reader technology and SML’s Clarity enterprise software solutions.

Dean Frew, chief technology officer at SML, said: “As the retail RFID market continues to demand innovations to serve customers more effectively, we see a growing synergy between hands-free and handheld RFID solutions in stores and distribution centres and we see PervasID’s technology leading this innovation.

“With the adoption of item-level RFID solutions rapidly growing and with a large portion of those retailers running on our Clarity application platform, we see the addition of the disruptive PervasID technology to our portfolio as being a key part of servicing our customers with enhanced returns on investments.”

The two companies state they will work to offer retailers and brands cost-effective and accurate ways to manage their inventory.

With the adoption of item-level RFID solutions growing rapidly, SML believes the addition of PervasID’s technology to its portfolio will enhance returns on investments for their customers.

Dr Sabesan Sithamparanathan, PervasID founder and CEO, added: “The biggest single challenge for all sizes and types of retailers is how to accurately and cost-effectively manage products inside their stores. The combination of the offerings from our two companies delivers unparalleled hands-free, real-time visibility capabilities.

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“The results drive tangible improvements to the bottom line in the form of reduced losses, but also stock management and insights and more efficient e-commerce picking and packing, and we’re excited to see the response from retailers.”