Traditional clothing stores carry an assortment of brands and can adjust their offerings if a brand falls out of favor with customers. Branded chains depend heavily on their continuing success in designing a range of appealing clothing. In both cases, the volume of articles on the floor is changing fast and retailers need to carry the right model, right size, and right color at the right location and at the right time.
Stock-outs are alleged to cost the retail industry upwards of $93 billion per year. The root causes of these events can more often than not be attributed to store operations. Retail store managers do not have a precise view of their current stock on the shop floor or even back room. Increasing labor costs are preventing inventory accuracy.
Real-time item level visibility on the retail shop floor helps:
The OMNITROL Retail solution delivers a complete end-to-end Retail visibility and automates the pedigree capture. The integrated Retail solution provides complete real-time reports and alerts without any impact or customization to your existing backend systems, at the lowest cost in the industry.