Retail
Shrinkage and inefficient business processes in the supply chain are two of a retailer's largest, yet most uncontrollable, expenses. Having incorrect, inconsistent, and untimely data about your goods leads to missed shipments, lost items, unhappy customers, and ultimately, lost profits. Inefficient processes cost time, and time is money.
Retailers around the world are beginning to realize the tremendous benefits of supply chain tracking systems utilizing RFID technologies. Here are just some of the benefits already being enjoyed today:
Security Enhancements: Significantly reduce theft, tampering, and shrinkage by having real-time knowledge of all your items. With real-time counts available at any time, you can pin-point when shrinkage has occurred, thus speeding up the recovery process. An alert or other notification can be sent to appropriate personnel when issues arise.
Inventory Accuracy: Improve accuracy by reducing error-prone human intervention requirements in your processes. Achieve dramatic improvements in cycle times, and reduce the inventory taking process to a real-time "push of the button."
Shelf Management: With "smart shelf" solutions, identification of potential out-of-stocks occurs earlier in the process, and replenishment orders can be automatically generated. Inventory with finite lives can be remotely monitored, and product placement can be arranged to help facilitate the sale of expiring or older items.
Manual Labor Reduction: Eliminate the need to manually count and manage inventory in shipping, receiving, stocking, returns, and other functions.
Process Improvement: With timely data on process flows and processing times, pinpoint bottlenecks and other issues immediately, thus allowing for the improvement of inefficient business processes.
No single solution works for every retailer. Rather, Bradek will help you design and implement the optimal solution for your unique needs, allowing you to begin immediately realizing the ultimate goal - Greater Profits. Why wait to earn great profits...
