Dallas Gold & Silver Exchange recently deployed a radio-frequency identification (RFID) inventory management solution from Electronic Inventory Solutions (EIS) in its showroom stores in Texas, California, and South Carolina for the dual purposes of automating the inventory count process and adding additional physical security. Using RFID tags, handheld RFID readers and EIS software, DGSE has achieved significantly reduced inventory count times (up to 85 percent), increased inventory accuracy (99.7 percent) and improved inventory control processes which cumulatively will improve margins across the entire organization.
Dallas Gold & Silver Exchange recently deployed a radio-frequency identification (RFID) inventory management solution from Electronic Inventory Solutions (EIS) in its showroom stores in Texas, California, and South Carolina for the dual purposes of automating the inventory count process and adding additional physical security. Using RFID tags, handheld RFID readers and EIS software, DGSE has achieved significantly reduced inventory count times (up to 85 percent), increased inventory accuracy (99.7 percent) and improved inventory control processes which cumulatively will improve margins across the entire organization.
Working with DGSE, EIS delivered an RFID solution using near field RFID tags, RFID handheld readers, the EIS Portal System and EIS proprietary software that is integrated into DGSE's proprietary point-of-sale (POS) system. The solution allows DGSE to use the same RFID tag to provide tighter inventory management and an additional layer of physical security within DGSE's inventory management processes.
Diane Goff, DGSE's Manager Internal Controls said, “EIS was able to provide us with a complete RFID solution that met our current needs and budget and a clear path to deploy the solution across all of our operations.”
Darryl Hubbard of EIS observed, “DGSE wanted an RFID solution that would provide an immediate ROI by reducing inventory count cycles and stronger article surveillance. In addition to working within their POS system, the solution also had to be expandable to meet future RFID needs as DGSE continues to grow its presence in targeted markets. In the future, DGSE is positioned to move to real-time inventory control including the ability to track the movement of both inventory items and employees.”