New inventory technology will help global retailers gain a deeper understanding of in-store product flow

Simbe Robotics today announced the integration of RFID and Machine Learning technology that enables Tally to capture in-store data on all RFID-tagged merchandise, from apparel to electronics, sporting goods to home decor. In addition to its pre-existing computer vision abilities, Tally now captures over 700 RFID product tags per second with higher than 99% accuracy. This frees store associates from handheld scanning devices and provides retailers with real-time insight into product availability and placement.

Simbe’s combination of RFID and computer vision within Tally is the next step in the company’s vision to solve for the $1.1 trillion in annual retail losses retailers face due to out of stocks, over stock of merchandise, and product location errors.1 Correcting for these losses also ultimately enhances the in-store shopper experience by ensuring the products customers want are always available and in the right place.