Checkpoint Systems’ Sense + Respond Solution Provides Multi-Channel Retailers with Real-Time Insights, Predictive Analytics
January 11 2016 - 8:02AM
Business Wire
Cloud-Based Merchandise Visibility Solution
on Microsoft Azure Transforms Shopper Engagement across All
Channels; Creates Responsive Retail Infrastructure
Checkpoint Systems, Inc. (NYSE:CKP), a leading global supplier
of merchandise availability solutions for the retail industry,
announced that it has collaborated with Microsoft Corp. to bring
Checkpoint RFID Merchandise Visibility solutions to the cloud, and
enhance them utilizing Microsoft analytical tools. The resulting
cloud-based merchandise visibility solution, Sense + Respond,
provides multi-channel retailers with a flexible, fast deployment
approach to gather real-time insights and predictive analytics.
Sense + Respond utilizes Checkpoint Systems’ leading Internet of
Things (IoT) platform for retailers, the OAT Foundation Suite,
along with Microsoft Azure Cloud Solutions, enabling retailers to
make informed business decisions in real-time.
“In the race to win shopper loyalty, retailers must find better,
faster ways to understand and engage connected consumers across
channels,” said Uwe Sydon, Senior Vice President of Innovation,
Checkpoint Systems. “As the global RFID deployment leader, we chose
to collaborate with Microsoft to create a scalable, easy-to-deploy
merchandise visibility solution that enables retailers to quickly
realize value.”
The new merchandise visibility solution positively impacts
retail revenue by optimizing the following:
- Increased customer engagement and
conversion across channels through real-time, sensor-enabled
shopper insights, integrated with systems of record and business
intelligence tools.
- Increased omni-channel fulfillment
efficiency, service quality and employee empowerment through
sensor-enabled task management applications.
- Improved supply chain agility and
optimized last-mile delivery through real-time inventory
transparency and order fulfillment process automation.
- Increased shelf availability in-store
through improved inventory tracking and accuracy.
- Faster deployment and lower total cost
of ownership through high-performing cloud-based and hybrid IT
architecture solutions.
- A 360-degree view of customer behavior
and touch points through the integration of multi-modal sensor data
(RFID, NFC, Location-Based etc.) with retailers’ existing systems
of record.
- Actionable and powerful insights to
retailers by integrating Checkpoint’s rich IoT data and the
powerful machine learning of Microsoft Azure for data mining and
predictive analytics capabilities.
According to Brendan O’Meara, Managing Director of Worldwide
Retail and Consumer Goods, Microsoft, “Retailers are increasingly
deploying sensor solutions for real-time insights at each step in
the shopping journey, whether online, on mobile devices or in brick
and mortar stores. Checkpoint’s Sense + Respond solution running on
the Microsoft Azure IoT Suite integrates RFID and enterprise
systems into an intelligent cloud that ‘connects the dots’ of the
modern shopper experience and empowers retailers to respond quickly
to fast-evolving consumer needs.”
Checkpoint will be demonstrating the Sense + Respond solution in
Microsoft Booth #2803 at the NRF Big Show January 17 – 20,
2016.
Checkpoint will offer this new solution through its worldwide
sales teams beginning in early 2016.
About Checkpoint Systems, Inc.
(www.checkpointsystems.com)
Checkpoint Systems is a global leader in merchandise
availability solutions for the retail industry, encompassing loss
prevention and merchandise visibility. Checkpoint provides
end-to-end solutions enabling retailers to achieve accurate
real-time inventory, accelerate the replenishment cycle, prevent
out-of-stocks and reduce theft, thus improving merchandise
availability and the shopper’s experience. Checkpoint's solutions
are built upon 45 years of radio frequency technology expertise,
innovative high-theft and loss-prevention solutions, market-leading
software, RFID hardware and comprehensive labeling capabilities to
brand, secure and track merchandise from source to shelf.
Checkpoint's customers benefit from increased sales and profits by
implementing merchandise availability solutions to ensure the right
merchandise is available at the right place and time when consumers
are ready to buy. Listed on the NYSE (NYSE: CKP), Checkpoint
operates in every major geographic market and employs more than
4,700 people worldwide.
Twitter: @CheckpointSys
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160111005741/en/
GCC, Inc.George Cohen, +1 617-325-0011george@gccpr.com
Checkpoint (NYSE:CKP)
Historical Stock Chart
From Mar 2024 to Apr 2024
Checkpoint (NYSE:CKP)
Historical Stock Chart
From Apr 2023 to Apr 2024