Retail

Inventory Management

Challenges: 

In retail, if a retailer has a warehouse with a high inventory turnover, traditional way of manually counting and transcribing inventory changes leads to heavy workload, high potential for human errors, and delayed timing of data sharing. An accurate and real-time inventory tracking and management is an illusion, and data-driven inventory control cannot be realized.

 
Solutions:

Apply UHF/HF RFID tags or 1D/2D barcodes to items that need to be tracked. Scan items’ tags with Chainway handheld computers to perform cycle counts. Accurate inventory levels will be wirelessly transferred to the company backend server.

 
Results:

1. Item-level RFID/barcode deployment integrates Chainway RFID/barcode-enabled handheld computers with the company’s ERP system. Doing so provides fast and accurate inventory tracking, which reduces time and labor cost in counting inventory and managing stock.

2. Real-time inventory data is updated to the ERP system through 3G/4G/Wi-Fi wireless connectivity, which eliminates human errors in manual transcription from paper files to digital data into computers, and enables timely market metrics for true demand-driven merchandising.