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Today's processes for demand sensing and shaping take several days to correct an out-of-stock situation. This results in the large majority of lost sales for apparel retailers. Most of the out-of-stock situations are the result of mistakes in shelving merchandise, forecasting and ordering articles. This means that a majority of the out-of-stock problems can be fixed directly on the shop-floor in retail stores. The OMNITROL platform enables retail inventory tracking solutions that deliver complete end-to-end back room and front room visibility and greatly accelerates the inventory process. The integrated smart infrastructure solutions provides complete real-time reports without any need to integrate or customize backend systems. Retail inventory tracking solutions benefits include: - Powerfully simple and easy to deploy solution for retail store operations
- End-to-end global traceability from manufacturer to retail store
- No dependency on existing backend systems
- Automated daily inventory reporting
- Integrated WiFi based RFID/Barcode mobile handheld applications
- Scalable from single zones to multiple zones or multiple retail locations
- Powerful reports, dashboard and alerts (who, what, where, when)
- One-touch configuration solution (plug-and-forget)
Retail inventory tracking solutions features include:- Back-room inventory
- Back-room to front-room inventory reconciliation
- Front-room to back-room inventory reconciliation
- Front-room inventory counting
- Inventory replenishment report by product type, size and velocity
- Complete supply-chain traceability
- Standards or proprietary solutions support (SKU, Barcode, RFID, EPC)
- Product velocity reports
- Alerts when stock levels may not meet velocity profiles by product
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