ADT® recently announced the Asian debut of the Sensormatic® real-time inventory visibility solutions suite to improve retail inventory management. The Sensormatic Item Level Intelligence product suite is part of ADT’s efforts to offer retail customers integrated technology solutions to help them gain better control, security and visibility into their inventories and increase operational efficiencies. Targeted for specialty apparel and book retailers, these solutions provide retailers the capability to know what goods they have in their stores and their quantities, all without time-consuming and error-prone manual counting of inventory.
Given the item-level intelligence these solutions offer retailers, they can also determine where the goods are located: whether on shelves or displays, in the back storeroom, misplaced or missing.
Retailers in Hong Kong, for example, can now effectively address lost sales due to inventory inaccuracies, one of their most significant forms of loss that undermines their profitability. ADT’s Sensormatic real-time inventory visibility solutions incorporate the TrueVUE™ RFID software platform and networking products. Retailers can enhance their store environments, optimize supply chain, generate incremental revenue and achieve better customer satisfaction through:
- Maximizing the availability of merchandise on sales floor by reducing out-of-stocks
- Improving inventory accuracy and minimizing overstocking
- Increasing item visibility from the back room, dressing room and front exits
- Locating the right item quickly and checking the availability of the item within the store using innovative multi-sensor technologies
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Inventory accuracy increased to 97.5% from 65%
- book retailer |
Replenished close to 75% of the inventory
- book retailer |
Enhanced store revenues by almost 15%
- book retailer |
87% improvement receiving incoming shipments
- European department
store |
 Sensormatic Item-Level Intelligence Improvements to inventory
management |
“Tracking in-store inventories accurately and reducing out-of-stocks situations are key challenges to retailers as these can lead to lost sales and higher operational costs. With real-time inventory visibility, retailers can reduce out-of-stocks by up to 50% by ensuring greater product availability for their customers through accurate stocks replenishment. The new Sensormatic Item Level Intelligence solutions offer retailers a complete enterprise solution using advanced multi-sensor technologies in a multi-layered approach to control shrink and optimize operations, thereby increasing profitability,” said Roger Tsang, General Manager of ADT Security, Hong Kong and Macau.
Technology market research and strategy consulting firm VDC Research Group profiled two retail pilot projects in a whitepaper sponsored by Sensormatic Retail Solutions titled “Chaos in the Retail Cosmos.” VDC cited the following benefits associated with using Sensormatic Item Level Intelligence solutions for a leading book retailer and European department store during the pilot projects:
- Inventory accuracy increased to 97.5 percent from 65 percent - book retailer
- Replenished close to 75 percent of the inventory with semi-automated inventory replenishment system - book retailer
- Enhanced store revenues by almost 15 percent compared to stores lacking the technology due to an immediate order capability enabled by item level management - book retailer
- Eight minutes to receive all incoming shipments instead of one hour - an 87 percent improvement - European department store
- Updated information on shelf inventory levels every 10 minutes drastcally reduced retailer’s potential for stock-outs - European department store
The complete Sensormatic Item Level Intelligence solution platform, combined with ADT’s global sales and service capabilities, are uniquely positioned to help retailers worldwide scale and execute real-time inventory visibility solutions that can optimize profitability, cut costs and better retain customers.
For more information on Sensormatic Item Level Intelligence powered by VUE Technology, please visit www.sensormatic.com/Products/RFID/RFID_home.aspx.
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