Dallas -- Dallas Gold & Silver Exchange said Tuesday it has deployed a radio-frequency identification inventory management solution from Electronic Inventory Solutions 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.
According to DGSE, using RFID tags, handheld RFID readers and EIS software has allowed it to reduce inventory count times by up to 85%, increase inventory accuracy by 99.7% and improve 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 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.
“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,” said Diane Goff, DGSE’s Manager Internal Controls.