February 10, 2006

Swiss Jeweler using RFID

2954-400x500.jpg I don't think I've ever picked up on a story about such a high retail business using RFID for tracking, so for me this is a first and happening in my home town, Geneva, of all places.

RFID Journal reports that Swiss watchmaker and jeweler de Grisogono - famous for his black diamonds - is using tags and interrogators in an RFID tracking and inventory system aimed at increasing accuracy and reducing theft.

"De Grisogono's previous inventory tracking method was completely manual and did not even utilize bar codes.

The average retail price of the company's watches and jewelry is €20,000 ($ 35'000)".