SML, an international leader in innovative RFID technology, has today launched ClarityⓇ Food, a groundbreaking solution targeting food waste reduction in the grocery and quick service restaurant (QSR) sectors. With a reputation for providing state-of-the-art RFID solutions, SML’s technology is integral to over 7,500 retail stores and supply chains, overseeing 500 million items on a weekly basis.
For grocery and QSR businesses, managing inventory effectively is a crucial yet challenging task. Inaccurate inventory data can result in poor customer experiences. The perishable nature of food exacerbates the issue, leading to significant waste; grocery stores annually discard billions of pounds of food due to inadequate freshness.
Recycling company RTS reports that US retail stores are responsible for approximately 16 billion pounds of food waste each year, with grocers, restaurants, and food service companies contributing to 40% of the total food waste.
ClarityⓇ Food software is designed to offer 93-99% inventory accuracy and aims to reduce food waste in QSRs by 48%, enabling stakeholders to manage perishable food cases more effectively. The solution ensures compliance with the Food Safety Modernization Act (FSMA) and offers real-time traceability. It is set to revolutionize the food industry by focusing on critical elements, enhancing efficiency, and providing a tangible return on investment (ROI).
Key functionalities of ClarityⓇ Food encompass:
- Food Traceability with RFID Technology: Introducing a new transparency level in the food supply chain, ClarityⓇ Food leverages advanced RFID technology. Grocers gain the ability to track every product with unparalleled visibility from production to consumption.
- Waste Management: ClarityⓇ Food empowers supply chain operators to manage and optimise waste efficiently. The solution identifies inefficiencies, refines processes, and lowers environmental impact, contributing to more sustainable and cost-effective operations.
- Real-Time Visibility for Smart Inventory: Grocery retailers can achieve a competitive advantage with ClarityⓇ Food’s real-time visibility. This feature offers a comprehensive view of their supply chain and back-of-store operations, facilitating informed decision-making and minimising the likelihood of stockouts or excess inventory.
- Best Before Date Precision: ClarityⓇ Food enhances the accuracy in monitoring best-before dates, reducing the presence of expired products in inventory. This functionality is vital for maintaining product quality and adhering to regulatory standards.
- Proven Return on Investment: The adoption of ClarityⓇ Food translates into a measurable ROI. By optimising food traceability, enhancing waste management, ensuring real-time visibility, and maintaining best-before date precision, ClarityⓇ Food positions retailers for peak performance and increased profitability.
Dean Frew, CTO & Senior Vice President of RFID Solutions at SML Group, stated: “SML’s Clarity® RFID solutions have brought significant benefits to retailers worldwide. Recognising the persistent waste issue in the food industry, our pioneering role in RFID technology will be a game-changer for food retailers.”
“With our unwavering commitment to excellence, we consistently strive to set new industry benchmarks and empower businesses for long-term success. SML ClarityⓇ Food represents a new standard in efficiency, sustainability, and profitability in the food and QSR sectors.”
