Retail
The Retail Market
Retailers experienced one of the worst holiday seasons on record in late 2008 and are facing increasing competitive pressure from brick and mortar and online retailers. Customer demands have led to fast product innovation, and with it shorter product cycles times, which can lead to obsolete or marked down inventory if a close eye is not keep on network-wide inventory.
Forward thinking retailers have responded by adopting the strategies and tools of the High Definition Enterprise. While traditional bar code, WMS and Retail ERP systems delivered an aggregated view of retail operations, today’s more globalized, consumer focused sellers need a more precise, detailed and serialized perspective of inventories, key assets and other enterprise resources.
A High Definition Enterprise Approach
RFID technology enables a fundamental shift in a retailers ability to manage inventory related business processes from shipping to checkout. They recognize the advantage they gain over thier competitors by improving their ability to manage and fulfill store inventory needs from a strategic perspective, significantly improving store efficiency and sales performance.
The Clarity High Definition Solution approach gives retailers a vastly expanded, up-to-the-moment and far more detailed view of their operations. So they can make more informed and more effective business decisions. After all, its about making the best decision at the right time.
Xterprise delivers high ROI, fast time to benefit solutions addressing a number of retail store execution and supply chain challenges, including:
- Store-wide item-level inventory manegment
- Automated receiving and putaway
- Rules-based sales floor restocking
- Store asset management
- Promotions execution and analytics
- Employee security and access control
- Shrink and loss prevention
- POS process streamlining