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Inventory Management of Shenzhen Younikai Technology

Background
 
With the improvement of people's consumption level, the jewelry industry continues to develop.
Inventory management for the Jewelry business becomes a significant aspect, where thousands of pieces of high-value jewelry need to be carefully stored and recorded. Thus, jewelry enterprises have begun to introduce the intelligent method of jewelry management. Shenzhen YOU NI KAI Technology is a professional software development company for the jewelry retail industry. The company pair Chainway R2 UHF swing reader with jewelry inventory management to provide a complete solution. This solution is accepted by many well-known jewelry brands.
 
Challenges
 
1. The traditional jewelry inventory method increases the risk of human-error, whose repercussions can impact financially and leads to a high wastage of time and efforts.
2. Management cannot realize the full tracking and control of each piece of jewelry. Thus, it is difficult to track jewelry when losses and thefts happen.
3. Manual counting is time-consuming, labor-intensive, and leads to loss of potential customers and poor consumer experience.
4. Managers cannot know the jewelry sales and inventory status in real-time. Thus, they fail to make a reasonable inventory allocation plan, which is based on the market demand for different jewelry.
5. Workers should guide the visiting customers and also guard high-value against theft. As a result, they cannot focus on serving customers.
 
Solution
 
Younikai Technology deployed Chainway R2 UHF Swing reader for inventory management of jewelry. An RFID tag is attached to each piece of jewelry to provide unique electronic identification data of jewelry, which binds the respective weight, purity, grade, storage location, cargo area, shelf, and other information records of the jewelry. The worker only needs to use an R2 RFID reader to scan the jewelry to complete the inventory of all jewelry in the store with high efficiency and transmits data to the database system in real-time via Bluetooth. It benefits managers for further checking.
 
Effects
 
1. It enables all-round tracking and recording of the jewelry sales process, which ensures greater security and effectively reduces or even eliminates losses.
2. The implementation of the R2 RFID swing reader replaces the tedious and time-consuming barcode scanning system with a fast and accurate RFID process.
3. Managers can obtain store sales and inventory status in real-time. Thus, they can timely replenish out-of-stocks and hot-selling products to reduce the inventory turnover period. Now management can carry out reasonable marketing strategies based on market demand.
4. Workers using R2 can quickly and accurately find any product in the store in a short period and respond to customer needs, which enables fewer waiting lines and enhanced customer experience.
5. The application of intelligent devices has also greatly improved the overall store and corporate image.
 
PDA configuration
 
P/N: R2
Function: 2D, UHF, Bluetooth
 
 
 
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