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Unlocking the potential of loss prevention systems in German market

Nedap and Novatec intensify partnership

Novatec will be commercially and technically responsible for the majority of Nedap loss prevention business in Germany

Groenlo, The Netherlands – December 14, 2020

Nedap N.V. and Novatec GmbH today announced that they will scale up their collaboration in the German market with regards to Nedap Retail loss prevention solutions. This step is a result of a close and long-standing relationship. Novatec will be commercially and technically responsible for the majority of Nedap loss prevention business in Germany, supported by Nedap. Both organizations have stated that the arrangement will take effect on January 1, 2021.

Rob Schuurman, Managing Director at Nedap Retail, states: “ Novatec has proven themselves as a valuable partner in the past two decades. That is why we are looking forward to intensifying this collaboration. By joining forces and thus becoming more firmly rooted in the German market, we expect to expand our proven added value to existing and new German customers in the field of loss prevention. It will also increase our commercial strength by operating locally.”

Willy Derichs, CEO at Novatec comments: “Ramping up the collaboration with Nedap is an important step for us and represents a solid relationship, based on professionalism and trust. Numerous retailers are already experiencing the benefits of Nedap's reliable technology in the field of loss prevention systems. Our team is excited to further expand the services around these solutions in the German market.”

Our team is excited to further expand the services around these solutions in the German market

Willy Derichs, CEO at Novatec

Inventory management solution

Nedap also intensifies its activities in the German market with regards to promoting iD Cloud – Nedap’s leading RFID-based inventory management platform in the apparel and fashion industry. A dedicated team of Nedap experts will focus on assisting retailers to adopt RFID. iD Cloud is used by fashion retailers worldwide to improve merchandise availability in stores and throughout their supply chains, in order to execute a successful omnichannel strategy. Schuurman states: “We see a lot of traction for RFID-based inventory management in the German apparel and fashion industry and strongly believe that it is one of the markets in Europe where the RFID-adoption will grow exponentially over the next years.”