PervasID Director Featured in Retail Technology Magazine
- kelseygarbutt
- Oct 13
- 1 min read
Guy Hipwell, Non-Executive Director at PervasID — a cutting-edge RFID technology company based at NETPark — has been featured in Retail Technology Magazine, where he addresses a critical issue quietly impacting retail performance: inventory distortion.
Guy points out that many retailers still operate with inventory accuracy rates between 65–83% — levels that would be unacceptable in other high-stakes industries. This lack of precision leads to lost sales, broken customer trust, and billions in missed profits.
PervasID’s RFID solutions offer a powerful alternative. By enabling real-time, item-level visibility, retailers are achieving up to 99% inventory accuracy, improving margins and delivering a more reliable customer experience.
As part of the NETPark community, PervasID is helping redefine retail technology through innovation and data-driven insight. NETPark is home to world-class science and technology companies working together to solve real-world challenges and drive economic growth.
