Don't let inventory distortion steal your profits
Inventory distortion from out-of-stocks and overstocks costs retailers around the world over $800 billion every year. That’s because lack of inventory visibility results in incorrect merchandise planning and allocation, inappropriate selling floor replenishment, lost sales, low turn, unnecessary markdowns, increased carrying costs, and low margins. But you don’t have to let inventory distortion rob you of your profits.
Our Inventory Intelligence solutions — backed by the expertise, experience and innovation we are known for — provide a real-time sightline into your inventory. This level of visibility is key to reducing, or even eliminating, inventory distortion by first establishing accurate inventory by item and location. Armed with this valuable on-hand information, you can confidently fulfill omni-channel orders, diminish out-of-stocks, reduce costly markdowns and more— helping keep your customers happy and profit margins high.
- Improve inventory accuracy, assortment planning and store allocation with clear, near real-time visibility into your inventory across all enterprise locations
- Minimize out-of-stock and overstock conditions with more frequent cycle counts and sales floor replenishment
- Reduce markdowns and drive revenue by ensuring all sellable merchandise is properly displayed on the sales floor
- Establish a solid foundation for successful omni-channel retailing with enhanced inventory visibility across the enterprise to effectively and confidently fulfill all customer orders