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Reviewing the Potential Role of RFID in Loss Prevention

Reviewing the Potential Role of RFID in Loss Prevention

This report, published in 2002, outlined the potential for RFID to reduce retail losses, especially shrink.

At the time (and much has changed since this report was published) the conclusion was that RFID could have a significant impact on the problem of non-malicious loss in particular. For example, it was hypothicated that errors in shipment would be reduced as all items would be scanned as they arrived at the back door, counting mistakes would be a thing of the past, transfers between stores would be seamless and products going out of date would be more easily detected, preventing food waste. However, the reseach concluded that RFID may not have such a profound impact on the problem of malicious loss, especially if RFID was to be implemented as a tag hidden away from the consumer.

The research will shortly be supplanted by a new ECR study on RFID, which is due to be published early in 2018.