Retail Inventory Tracking

Eliminate Out-of-Stocks, Prevent Mistakes, and Increase Sales Velocity

Using OMNITROL inventory tracking can help you:

Achieve over 96% inventory accuracy by item/SKU in both back-room and front-room operations
Virtually eliminate in-store out-of-stocks and hidden or phantom inventory conditions
Substantially reduce markdowns and buffer-stock through real-time threshold forecasting and inventory replenishment by item/SKU
Achieve 100% shelf availability by item (never lose another customer purchase opportunity)
Conduct physical inventory operations 25 times faster with lower labor costs
Track customer purchasing behavior by item and physical location in the store

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OMNITROL real-time inventory management allows retailers to run leaner and smarter, improving margins and profits while simultaneously increasing customer satisfaction:

Over 20% sales revenue uplift by ensuring shelves are always stocked correctly
Allows sales staff to focus on selling instead of locating inventory items
Over 50% improvement in customer satisfaction is typical
Automatically locate and detect misplaced items in the front room

Retail Inventory Tracking Features and Benefits

OMNITROL brings valuable business insight into the stores' physical inventories and demand awareness. Through real-time business intelligence, OMNITROL automatically predicts future inventory needs by item based on actual customer demand as it happens. Through easy to use and understandable shop-floor dashboards, retailers can manage store operations from their desktops, anytime and anywhere.

The OMNITROL solution is installed as a network appliance and is in production within days:

Minimal and easy integration with existing inventory systems
Stand-alone fully integrated retail inventory tracking out-of-the-box
Cost effective and incrementally scalable on a store-by-store basis
Supports all types of item-level tags (RFID, barcode, 2D)

The OMNITROL solution provides powerful and highly intuitive real-time reports for managing retail-operations as they happen. All OMNITROL reports provide business insight by SKU and SKU groups on a store-by-store or store-group basis:

Inventory count and movement reports by item/SKU
Inventory replenishment reports by item/SKU and item/SKU groups
Inventory velocity and forecast velocity reports by item/SKU
Inventory velocity comparison across multiple item/SKU’s

Asset Tracking - Retail Article Velocity

The OMNITROL network enables retailers to track and manage inventory movements in real-time across their supply-chain. Comparing item-level velocity across multiple stores for a distribution center (DC) allows retailers to move items appropriately between stores or between the DC and stores.

Replenishment reports by item/SKU across store-groups
Inventory velocity and forecast velocity reports by item/SKU for store-groups
Inventory velocity comparison for item/SKU across store-groups

Real-Time Retail Inventory Tracking

OmniCloud™ has pioneered retailers to automatically and securely collaborate in real-time on the status of their inventory across multiple stores through a SaaS based services model. Our Retail Inventory Tracking solution eliminates the headaches and overheads in generating manual inventory counts or reports and out-of-stock, and dramatically improves customer satisfaction.

OMNITROL also provides retailers with critical brand protection and counterfeit detection. The OMNITROL Global Track & Trace Network reconciles every item/SKU from manufacturer to retail store.

Bottom Line: OMNITROL Means A Higher ROI

OMNITROL has a proven track record of measurable financial results. For a typical retail store with:

10,000 items on the floor
5,000 items at the back room
$50 average selling price per item

OMNITROL can offer a full return on investment payback in about 7 months.

For more details on how OMNITROL can satisfy your business needs, please contact us!

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It mitigates technology investment risk by minimizing integration with existing legacy systems; enabling customers to migrate at their own pace while still being future-proofed.

Louis Bianchin,
Senior Analyst,
VDC
Omnitrol’s cutting-edge solution suite automatically collects information from a large variety of sensors and, through predictive analytics, delivers real-time visibility with accurate forecasting between business partner operations. Potentially, any control system or middleware may help an end-user integrate back-end and shop-floor but Omnitrol infrastructure extends business intelligence directly from the operations-floor without the complexity of multiple software layers, thereby minimizing total investment and improving ROI.

Arunkumar J,
Program Manager,
Frost & Sullivan
Omnitrol Networks has become a major force in the industry.

Joe Leone,
President & CTO,
RFID Global Solutions
The OMNITROL appliance's network and business application convergence, compounded by its dramatic economic value proposition, is rapidly transforming the landscape of the real-time enterprise network and appliance-based service delivery.

PG Menon,
VP Marketing,
NextHop Technologies
Successfully deploying asset tracking solutions in the enterprise requires an integrated platform that reduces costs, risks and complexity. Omnitrol's scalable open platform is enhanced by adding Wi-Fi RTLS functionality using Ekahau's RTLS and its open XML/HTTP software interface.

Antti Korhonen,
President & CEO,
Ekahau
Business leaders should care about the benefits that a solution like Omnitrol's could bring to the inherently complex manufacturing models that automotive, aerospace and other large discrete manufacturers face.

Dan Miklovic,
VP Manufacturing,
Gartner
Our current focus is on lean manufacturing, common systems, and ergonomics. To prepare for the next step function improvement in aircraft manufacturing, the Advanced Manufacturing Research & Development organization is exploring network enabled manufacturing, Omnitrol Networks helps us create such an environment by providing the capability to collect, analyze, correlate, and act upon edge device and applications data in a highly adaptive, real-time environment.

Bryan Dods,
Senior Manager, Aerostructures Manufacturing,
Boeing Corporation
The PCB tracking solution combines Texas Instruments’ experience in electronics manufacturing along with our core competency in RFID with Omnitrol Networks' Work-In-Process application appliance.

Mikael Ahlund,
Director of Asset Tracking,
Texas Instruments RFID Systems
I can view the complete status of my shop-floor and quickly identify at-risk orders from my desktop. Instead of discovering late orders through missed delivery dates, thanks to the OMNITROL solution I am always in the know.

Mark Odom,
Vice President of Manufacturing,
Bay Creek Manufacturing
Working with Omnitrol Networks to add UWB capability to their best-in-class WIP visibility solution will offer customers the solution they are seeking to improve their work-in-process operations.

Greg Clawson,
Vice President of Worldwide Sales and Marketing,
Time Domain
The OMNITROL appliance has developed a powerful new paradigm in real-time Work-In-Process visibility and traceability. By combining all the computing, networking, and software resources into a single physical device, Omnitrol Networks is going to be a catalyst of the IT transformation that will support the proliferation of intelligent edge networks.

Joseph Robin Mathews,
Associate Editor,
Silicon India
With OMNITROL, end users will not have to upgrade their entire infrastructure to adapt to the latest technology change or workflow improvement. The OMNITROL encapsulates complete business services intelligence on the work-floor where business operations happen.

Brendon Ouimette,
Analyst,
Frost & Sullivan
Omnitrol Networks' offering combines middleware, device management and networking functions that reduce costs and time-to-market for real-time RFID-based edge services. We look forward to continued collaboration with Omnitrol to bring the benefits of RFID to our customers.

Terry Pruett,
Director of Channel Development,
Alien Technology Corporation
Omnitrol's ability to automatically monitor and track what is happening on the factory floor without user intervention is a unique differentiator. It eliminates inconsistent or inaccurate reports of work in process.

Stephanie Neil,
Senior Editor,
Managing Automation
The aerospace and defense industries are constantly looking for better ways to manage complexity. Among their goals are the creation of ‘sense and respond’ supply chains that help warfighters increase availability of their weapons systems to ensure mission readiness. Omnitrol Networks’ award-winning track and trace infrastructure solution is a proven, scalable and elegant approach to help existing ERP, MRO, and logistical systems achieve these goals in the aerospace and defense sectors.

David Croop,
CEO,
Croop-LaFrance Inc
The OMNITROL solution provides Hobart’s manufacturing team with real-time visibility on all our customer orders without any impact on our operations. The solution eliminates the tasks of order tracking and manual entry. More importantly, the solution makes us a better partner to our customers by automatically sharing critical order information with them 24x7.

Rosemary Brester,
President,
Hobart Machined Products
Most middleware is limited, requires extensive customization making it difficult for use to integrators like us.The OMNITROL supports not only all types of wireless, barcode and RFID technologies, but also sensors and PLC systems simplifying integration with our customers installed infrastructure while providing the flexibility to expand, improve and scale their business processes without incurring high costs.

Paul Pope,
Vice-President and General Manager,
Ahearn & Soper
Omnitrol’s web-based in-production dashboard provides us with a unique Work-In-Process solution that is expected to deliver the next level of process innovation and change order management.

David Hall,
SVP and General Manager,
Endwave Defense Systems
This low cost solution can help to transform the business relationship between customers and their key suppliers and deliver better and faster product.

Andrew Hughes,
Director,
AIDC Gartner
We are delighted to be working with Omnitrol as it will strengthen our existing capabilities within BT Supply Chain Solutions and enable us to better address our customers’ requirements to improve the operational efficiency of their supply chains. The versatile OMNITROL platform allows BT Supply Chain Solutions to quickly customize solutions, and to meet individual customer needs.

Keith Sherry,
GM,
BT Supply Chain Solutions
The OMNITROL solution delivers a new generation network appliance encapsulating all RFID processing and management, thereby eliminating back-end development, reducing setup and support costs for edge deployments.

Andrew Nathanson,
Director of VDC's Automatic Identification and Data Collection (AIDC) Practice,
VDC Automatic Identification
I was extremely impressed with the capabilities of the OMNITROL appliance approach, and its ability to rapidly create and deploy intelligent edge manufacturing services, which led me to select Omnitrol Networks' solution for my laboratory. The new OMNITROL-based network gives us more flexibility than today's approach, making our research more timely and applicable. In addition, the OMNITROL's capability to integrate with all devices on the shop floor, including PLCs and new sensor technologies like RFID, is giving our students and industry partners access to the latest leading edge technologies.

Can Saygin,
Director of the MSA and Associate Professor of Mechanical Engineering,
UTSA
The OMNITROL PCB tracking solution using TI’s RFID chips allows us to automatically maintain traceability on each component that goes into the products we build. We have been able to replace tedious manual scanning with a completely automated process.

Heinz Hornung,
General Manager,
TQ Components