How RFID Tags Prepare Retailers for the Spike in Shoplifting

As more people become vaccinated, and the numbers of businesses opening their doors continue to increase, we get the sense we are starting to “return to normal”. However, retailers are faced with a familiar challenge that has recently spiked in occurrence: shoplifting.

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CONTROLTEK Becomes GS1 Certified

BRIDGEWATER, N.J. – May 18, 2020 – CONTROLTEK a leading provider of tamper-evident cash security packaging, has added the GS1 System of Standards to its cash transportation expertise.

Tom Meehan, CFI, chief strategy officer and chief information security officer; Rubin Press, vice president of global sales; Tani Vatoci, chief information officer; and David Brothers, senior sales manager all completed the GS1 Foundations Certificate Course and mastered the basics of unique product identification.

“Investing in the GS1 Foundations Certificate is just one way we are renewing our commitment to greater cash visibility and advising businesses on the latest cash visibility standards,” said Rod Diplock, chief executive officer at CONTROLTEK. “By becoming certified to use the GS1 System of Standards, our team can use this knowledge to better serve our customers as they face the ever-evolving banking and cash-in-transit industries.”

“The GS1 standard can help businesses improve supply chain visibility, reduce the risk of human error and gain greater insight into the movement of cash,” said Meehan. “After completing this course, I am certain my team and I can continue to educate our customers and industry partners on the importance of standards-based product identification.”

CONTROLTEK has been a longtime supporter of GS1’s Cash Visibility Initiative, which seeks to bring greater transparency and efficiency to cash logistics. CONTROLTEK cash security bags are printed with a Serial Shipping Container Code (SSCC) to facilitate automatic reconciliation with an electronic shipping manifest and meet GS1’s requirements for cash visibility.

For more information about CONTROLTEK’s commitment to greater cash visibility and the GS1 System of Standards, contact CONTROLTEK at sales@controltekusa.com.

CIOReview Recognizes CONTROLTEK in 2021’s Most Promising Retail Solution Providers

BRIDGEWATER, N.J. – May 12, 2020 – CONTROLTEK a leader in EAS and RFID security solutions for retailers, has been recognized by the technology magazine CIOReview as one of the top 20 retail solution providers in 2021 due to the organization’s extensive RFID technology offerings that have empowered their clients in retail and many other industries to make data-driven decisions to optimize their businesses.

“Although inventory visibility is not a new concept, the COVID-19 pandemic amplified the need for businesses to know exactly where their assets are,” said Tom Meehan, CFI, chief strategy officer and chief information security officer at CONTROLTEK. “We are laser-focused on helping our customers protect their assets and get better insights into where their assets are in the supply chain, in any of the manufacturing stages or elsewhere.”

CONTROLTEK’s team uses a human-centric approach based on design thinking to work side by side with their clients, develop customized RFID solutions and even identify potential problems in their clients’ businesses to prepare them for the future.

“The best way to understand a clients’ business is to learn about it from their perspective,” said Rubin Press, vice president of global sales at CONTROLTEK. “That’s why our team uses our design thinking approach, investing the time to work alongside our clients to understand their challenges and develop customized solutions.”

“RFID has often been called the technology of the future, but that future is closer than we think,” said Rod Diplock, chief executive officer at CONTROLTEK. “By partnering with leading RFID manufacturers and innovators, we have been able to help our clients prepare their business to be future-ready  while resolving the issues they face today.”

In the future, CONTROLTEK will continue to offer intelligent solutions while working toward deploying enterprise-wide RFID software that incorporates machine learning and other emerging technologies. For more information about CIOReview’s Most Promising Retail Solution Providers of 2021, visit their website. To learn more about CONTROLTEK’s RFID offerings, contact a CONTROLTEK sales representative at sales@controltekusa.com.

How RFID Improves the Customer Experience in Retail

It is abundantly clear to retail moguls and senior management teams that RFID solutions are used throughout the industry to increase efficiency over antiquated barcode technology through its capability to read multiple tags at once. After all, tags store significantly more information than a barcode, and savvy businesses have been quick to incorporate scanners and wireless technology into their process with the ability to identify and capture data, instantly.

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CONTROLTEK and Currency Research’s Podcast The Cash News Launches May 6

BRIDGEWATER, N.J. (May 5, 2021)CONTROLTEK, a leading provider of tamper-evident cash security packaging, in partnership with Currency Research, the leading global resource for central banks, their suppliers, and the related supply chain for currency and payment systems., announces the launch of The Cash News, a podcast for experts and leaders in the currency industry about the latest news about currency, cash and issues affecting the world of cash today.

Hosted by Tom Meehan, chief strategy officer at CONTROLTEK, and Shaun Ferrari, global cash product director at Currency Research, this biweekly podcast will feature special guests and bring the latest information on trends, strategies and technology to support better cash security and management from the perspectives of experts in various fields.

“We designed The Cash News to be the go-to resource for anyone in the currency industry, no matter what stage they’re at in learning about cash,” said Meehan. “This podcast is a great way for professionals that work with cash to discover updated information, best practices and resources that will help them move the industry forward.” Meehan is a leading expert in all things loss prevention, cybersecurity and information technology and often partners with cash experts and other industry associations to educate retailers and other business about improving their cash management.

“At Currency Research, we pride ourselves in being the leading global resource for central banks, their suppliers and the related supply chain for currency and payment systems,” said Ferrari. “The Cash News is the latest step in Currency Research’s mission to keep currency professionals informed on the latest trends and challenges facing the cash industry.” Ferrari has chaired and managed some of Currency Research’s biggest events, like the upcoming world’s first hybrid currency event, the 2022 Banknote & Currency Conference.  Prior to joining Currency Research, Ferrari led Currency Issuance and Operations for the Federal Reserve.

The first episode of The Cash News will be available on May 7, 2021. To listen to the podcast, visit Podbean and Soundcloud. To stay up to date with the latest news in the cash world, visit The Cash News or follow The Cash News on LinkedIn and Twitter.