RFID Inventory Tracking
KEEPS YOUR PRODUCTS, AND BUSINESS, MOVING
Accurate inventory tracking to item level
Business can choose the level of inventory tracking, right down to individual items of stock. Receiving, picking and ordering can be automated as stock moves in and out of the supply chain while providing more control over shrinkage and stock loss.
Better reports, faster
Accurate data collection is critical to make better business decisions, faster. RFID inventory solutions improve reporting accuracy and stock management, while ensuring sales floor (or online store) replenishment for prompt stock turnover and increased customer satisfaction.
Streamline warehouse processes
Rapid movement of stock in and out of warehouses is critical for turnover, productivity and efficiency. Less time spent counting stock means more time spent selling and shipping it, along with reduced labour costs. And knowing exactly where all inventory is located in real-time allows an efficient omni-channel approach, streamlined from ship to store.
Better inventory tracking with RFID technology can cut out-of-stocks by as much as 50%. This directly increases sales and helps keep customers satisfied and spending.
Hold less safety stock without risk
Safety stock that is held as a buffer in case manual stock counts are wrong is a drain on working capital. RFID inventory tracking solutions enable a reduction of inventory on hand while still meeting customer demand. This frees up working capital to invest in other areas of the business.
Cut inventory and stock shrinkage
Inventory tracking down to item level using RFID technology solutions can slash shrinkage and stock loss by more than 50%. This reduced replacement costs and eliminates the need for expensive and time-consuming audits.
Customised RFID inventory tracking solutions for every business
Inventory can be accurately tracked using RFID tags and technology solutions that are customised for different businesses depending on their specific needs and their particular circumstances. Using proven RFID technology and a combination of tags, readers and software, RFID solutions can be customised to suit the particular needs of every retail business.