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Brady Corporation (NYSE: BRC) and Nordic ID Oyj (HEL: NORDID) announced 15.4.2021 that they have entered into a definitive transaction agreement pursuant to which Brady will launch an all-cash tender offer in Finland to acquire all of the outstanding shares of Nordic ID for EUR 3.30 per share, which equates to a total equity purchase price of EUR 8.1 million (USD 9.7 million), plus the assumption of external debt of approximately USD 3 million.  Brady Corporation will fund the transaction...

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Implementing RFID for the Swedish retailer Gina Tricot is helped to solve the problem of understocking and overstocking. Learn more on how Gina Tricot achieved it.

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Nordic ID product End-Of-Life announcement in November 2020 concerning following modules and devices: NORDIC ID RF6x1 MULTI DTC This EOL is subsequent to the streamlining of Nordic ID product portfolio. We realize that a product discontinuation may cause some inconvenience to our customers. In order to make the transition to an alternative/replacement device as smooth as possible, our sales and technical support teams are ready to help and to answer any questions in relation to our products and solutions. EOL...

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“Taking stock requires the whole staff of each store and still takes days.” Sounds familiar? That was the moment when Finnish fashion retailer chain Kekäle decided to bring RFID technology in.

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As RFID deployment increases also among smaller companies, the process of RFID tagging items has become a hot topic. For smaller vendors selling multi-brand garments, source tagging is not a feasible option. However, not being able to source tag doesn’t mean that a company cannot affordably implement RFID into its operations.

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Nordic ID has developed state-of-the-art item data collection devices for over 30 years. During this time, the network of reseller and distribution partners has grown and to develop these partnerships, Nordic ID now launches the Reseller Program.

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In this article, we will address some common concerns and challenges you may have heard, while countering them with modern solutions to the forefront. Ultimately, RFID based inventory tracking and managing systems implementation is simple, scalable and easy to deploy.

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The benefits of RFID when tracking assets and RTIs are many. This article takes a closer look at some of the benefits from an RTI business and asset management perspective.

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Understanding inventory accuracy deterioration is a starting point for evaluating the impacts of RFID counts. The best way to find out how accuracy deteriorates would be to use real measurements and tests. Also, in most real-life cases responsible persons in stores can give good estimates and explanations based on experience. For generic analysis, a mathematical model is useful, with a mathematical model it is easy to analyze the effects of various parameters on the end result.

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Deploying an RFID Self-Checkout system isn't as complicated as it seems! Discover more on what it takes to automatize the checkout process at your store.

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