Pain Points in Retail Business
Key Pain Areas & Missed Opportunity in Retail that results in BIG LOSSES over time…
- Factory
- Warehouse
- Logistics
- Store + Omni-Channel Store
- Customer
FACTORY
- Integrate into Product
- Deliver ‘Connected’ Products
- Track from Produce to Return and Reproduce
- Inventory Visibility Enabler
WAREHOUSE
- Seamless information flow (WMS) – Goods in, Qty. Check, Rack-in, Picking, Goods Out, Security Check, Packing, Ship Out
- Reduce Labour Cost – Up to 50%
- Increase Speed – By Upto 10X by Shortening Cycle count
- Hassle Free RTV Process
- Enable higher PO Fulfillment Rate
LOGISTICS
- Reader In vehicle always live with goods
- Reduce Waiting time
- If Vehicle GPS enabled – Track item wise status
- Eliminate TransitLoss & Pilferage by up to 90%
STORE + OMNI-CHANNEL
- Faster In-ward Process
- Enable Real-time stock Visibility
- Faster Inventory & RTV Audits (by up to 10X) > Do More at Same Cost
- Prevent Theft Loss
- Accurate / Better Planning – JIT Delivery, EOSS etc.
- Enable Omni-Channel order fulfillment from Store – Increase ROI
CUSTOMER
- Omni-Channel > 35% Higher ticket valuer
- Informed on Stock Availability
- Improved Experience
- Build Trust
- Faster Check-out
- Factory
- Warehouse
- Logistics
- Store + Omni-Channel Store
- Customer
FACTORY
- Integrate into Product
- Deliver ‘Connected’ Products
- Track from Produce to Return and Reproduce
- Inventory Visibility Enabler
WAREHOUSE
- Seamless information flow (WMS) – Goods in, Qty. Check, Rack-in, Picking, Goods Out, Security Check, Packing, Ship Out
- Reduce Labour Cost – Up to 50%
- Increase Speed – By Upto 10X by Shortening Cycle count
- Hassle Free RTV Process
- Enable higher PO Fulfillment Rate
LOGISTICS
- Reader In vehicle always live with goods
- Reduce Waiting time
- If Vehicle GPS enabled – Track item wise status
- Eliminate TransitLoss & Pilferage by up to 90%
STORE + OMNI-CHANNEL
- Faster In-ward Process
- Enable Real-time stock Visibility
- Faster Inventory & RTV Audits (by up to 10X) > Do More at Same Cost
- Prevent Theft Loss
- Accurate / Better Planning – JIT Delivery, EOSS etc.
- Enable Omni-Channel order fulfillment from Store – Increase ROI
CUSTOMER
- Omni-Channel > 35% Higher ticket valuer
- Informed on Stock Availability
- Improved Experience
- Build Trust
- Faster Check-out
Benefits of RFID
99% Stock Accuracy
98% Product availability on-sales floor
5%-15% revenue increase per store
Up to 1% net margin increase
> 30% reduction in handling cost
2X productivity increase = 10-20% lower labor costs
10-15% lower working capital due to optimized inventory levels
Higher level of customer satisfaction
RFID Tags
*We also provide QR Code Tags & Bar Code Tags across all formats.