SimplyRFID Helps Small To Midsize Retailers Achieve Inventory Accuracy
SimplyRFID is empowering businesses to effortlessly navigate the omnichannel environment by providing them with precise inventory accuracy. In an era in which retailers face challenges such as increased overstocking, inaccurate forecasting capabilities and unpleasant customer experiences, inventory accuracy is an essential component of business operations that retailers need in order to survive.
If a small or midsize retailer wants to compete with “big-box” stores such as Amazon and Walmart, the retailer must be able to make products available to ship to customers as fast as possible. An omnichannel environment is necessary to achieve this objective.
Through SimplyRFID, users can leverage the platform’s comprehensive tagging system to effectively monitor inventory items. With a wide range of tag types available, users can select their desired tag and immediately begin tracking the on-site location of items, set item pictures for visual catalog enhancements, locate missing items and leverage GPS technology to accurately display inventory layout. Users can also add additional asset ID fields to their system to encompass all aspects of their inventories necessary to accurately project trends and prevent overstocking. SimplyRFID’s omnichannel support also allows for integrations with systems such as Shopify and Quickbooks, allowing businesses to reliably manage transactions that occur on company websites and in-person at physical store locations.
“Inventory management has evolved in many ways in just the last few months. Platforms need to be able to offer environments that address all of the needs of a modern retailer and solve related problems,” said Carl Brown, CEO of SimplyRFID. “In many ways, inventory management platforms need to double as time management and revenue solutions. They must save retailers time, drive cost efficiency and prevent inventory issues before they arise to maximize revenue generation potential. Wasting time on preventable issues is simply not realistic in 2022.”
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