Here are a few of the top stories on RFID, barcode data collection, and supply chain IoT over the past couple of weeks.
After another Big Dip, Share Price of Impinj Jumps again on Solid Q3 Numbers
SCDigest keeps track of what’s going on with the stock of leading RFID tag and reader maker Impinj as a bellwether of how the broader RFID market is faring.
Supply Chain Digest Says... |
 |
| But perhaps more problematic, the “scan life” of the tattoos may not be long. The underlying skin ages or sags, and inevitably, one artist says, the bar code lines thicken, to the point of becoming un-scannable. |
 |
What do you say? |
| Click here to send us your comments |
 |
| Click here to see reader feedback |
| |
|
|
It has been a will ride since Impinj went public in July 2016 at $37.00 per share in 2016, as seen in the chart of its stock price provided below.
SCDigest has been noting for years that if you bought Impinj shares on the dips over time you would have done very well for yourself – the challenge of course is knowing about where the each dip has bottomed.
Impinj stock had a nice run starting in mid-2022, rising from about $50.00 per share then to a high of $137.00 in April of this year. But that was followed by a sharp decline that reach about $50.00 in late October.
But it’s been good news since then, with a jump back up to $82.00 this week, after an excellent third-quarter earnings report as well as a positive outlook going forward.
While it’s been a bit of a rollercoaster, the general direction of Impinj’s stock price continues to be up.
Impinj Share Price Since 2016
Famous Criminologist Says Retailers Vastly Underuse RFID Technology for Loss Prevention
Retailers face an assault on their inventory, with rampant shoplifting – increasingly driven by organized crime – as well as internal thefts by employees.
(See More Below)
|
CATEGORY SPONSOR: SOFTEON |
|
|
| |
|
|
According to a report on Forbes.com, RFID may be provide the tools the push back against this surge of retail thievery.
“RFID is a vastly underused Loss Prevention solution”, says Dr. Read Hayes, considered by many to be the world’s leading expert on retail crime, according to the Forbes piece by Marshall Kay.
Hayne heads a group called the Loss Prevention Research Council (LPRC), which does research and houses six state-of-the-art labs that let retailers, consumer brands, and law enforcement professionals evaluate the latest anti-theft technologies.
According to Haynes, RFID enables retailers to know:
• What has been stolen
• Who stole the items
• How they stole the items
• When they stole the items
• Who else might be helping them
• What else they stole on past occasions
For example, the article cites Macy’s as excelling at linking information from its video surveillance and RFID systems. Its team solves crime quicker than ever.
Kay also says that using RFID to connect seemingly unrelated theft incidents has led to the demise of several organized retail theft networks that in past years would have remained operational.
The article notes that adding new use cases for RFID – for example loss prevention on top of inventory tracking applications – can reduce the effective cost of RFID for retailers – and perhaps turn the tide against growing shoplifting activity.
Beware the Bar Code Tattoo
Apparently, there has been a trend of sorts of some people getting a barcode tattoo that when scanned with a Spotify music app, prompts a phone to play a favorite or memorable song.
It’s actually something called a “Spotify code,” but according to a recent article in the Wall Street Journal, it’s buyer beware.
First, to scan successfully, the tattoo artist has to get it just right – which the article says is not easy. For some, the tattoos don’t scan from day 1.
One artist advises patrons to find places on the body that are flat, such as the knee area or inner ankle. She avoids hands, since the ink is prone to fade, as well as the ribs and stomach.
But perhaps more problematic, the “scan life” of the tattoos may not be long. The underlying skin ages or sags, and inevitably, one artist says, the bar code lines thicken, to the point of becoming un-scannable.
Any reaction to this week's RFID and bacode news? Let us know your thoughts at the Feedback button below.
Your Comments/Feedback
|
