White Paper
Inventory analytics can help retailers maintain a consistent in-stock position on the selling floor to help boost customer satisfaction and drive overall sales. RFID-enabled technology has paved the way to make inventory accuracy and visibility possible across various store functions. This paper shows how when technologies are combined with retail analytics, retailers can achieve better on-floor merchandise availability and customer experiences.
For true on-floor visibility, retailers can use a combination of methods to achieve results. Blending RFID cycle counting, interactive restocking and inventory analytics can inform retailers of exactly what merchandise is on the sales floor, ready to buy. This joint strategy not only identifies areas in need of restocking, but also directs associates to follow inventory standards for merchandising and displays, an important factor in a positive customer experience.
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