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INTELLIGENT INSIGHTS
INTO WAREHOUSE MANAGEMENT |
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Visibility into stock availability is critical to a healthy retail operation. By managing your customers stock across all channels in one solution you can ensure that the ‘available to sell’ levels synced to each channel are accurate. |
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HOW CAN YOU GET THE BIGGER PICTURE OF YOUR CUSTOMERS STOCK HOLDING AND IMPROVE PICKING? |
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Monitor Stock Controls |  |
Enable Bin & Lot Tracking | |
| 50% | £7Billion | |||
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of retailers surveyed revealed that basic stock control tops the list of request features. That is, having a systematic way to truly management and control stock across sales channels. What’s the stock control like in your warehouse? |
is the value of products recalled annually. Children and baby products comprise 40% of annual CPG recalls in the US, followed closely by home and garden at 25%. Is tracking your customer’s returns a problem for your warehouse staff? |
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Gain Multi-Warehouse Visibility |  |
Manage Kits & Bundles | |
| 44.7% | 93% | |||
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of retailers operate store, catalogue and Internet channels, yet only a quarter of those retailers have integrated their systems across channels. In the “Amazon Age” of retail, multiple points of demand and fulfillment require real-time visibility into multiple sources of stock. |
of retailers rated system-wide stock visibility as the most significant capability in executing their omni-channel fulfillment strategy yet only 45% can enable it. Can you? Adding kits to your product mix is a great way to increase sales but can complicate things if you don’t have good stock control in place. |
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Stock Level Insights |  |
Available-to-Sell Tracking | |
| 25% | 70% | |||
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of all fulfilment houses are using Excel or another spreadsheet function to manage their stock according to Software Advice. Are you giving your customers the information they require and are your pick/packs accurate? |
of surveyed shoppers would shop for an item at a competitor if it was unavailable. With real-time stock management across sales channels, you can avoid running out of stock by always posting accurate available-to-sell levels on all sales channels for your fulfilment clients. |
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• Retail Systems Research: Inventory Visibility • Internet Retailer: Multichannel inventory visibility• Software Advice: Inventory Management Software BuyerView | 2014 |
• Consumer Product Safety Commission: annual CPG recalls • SymphonyIRI Group shopper survey• Retail Systems Research: selling kits and bundles |
 www.rjsystemsolutions.com |