Retail Inventory Management
RFID Inventory Management Software
Inventory management is what keeps your retail store in running efficiently. Retail inventory management is either taken by hand or electronically. Managing your retail inventory electronically makes everything easier and faster. Ideally, every retail store should have a clear set of procedures that cover how inventory-related tasks are handled. RIOT Insight offers state of the art RFID inventory management solutions for fashion retailers. RFID is based on radio-frequency technology that is encoded in smart tags and captured by a reader.
The data is then processed by retail inventory management software which allows you to easily track your entire sales process with real-time updates. This software allows you to keep all your customer and supplier data in one place complete with purchase histories, inventory check-in, inventory counts, salesfloor replenishment and product locator. Balancing these competing requirements leads to optimal inventory levels so that when customers visit your store they would be able to see which products are available or out of stock.
There are different ways to track stock locations in a retail store: Category mapping, SKU numbers, barcode labels, color codes, or RFID tagging. RFID tags are attached to items in the retail store in order to track them using the reader. When RFID tags receive the transmission from an antenna, the energy activates the chip and transmits a signal back towards the antenna. Each chip has memory banks which contain information about the item that is tagged. Retail inventory management software is used with RFID scanners and features everything you need for: RFID scan encoding, RFID EPC tag voiding, product locator, inventory control, stock taking and salesfloor replenishment.
WHAT IS RFID TECHNOLOGY
RFID technology, also known as radio-frequency identification, refers to the digital data encoded in smart tags captured by a reader through radio waves.
RFID READER SOFTWARE
RFID is a modern alternative to barcode scanning and combined with RFID reader software provides the retail owner with accurate and up-to-date data and statistics. Retailers can use the RFID reader software to: manage inventory, RFID scan encoding, RFID EPC tag voiding, product locator, stock taking and salesfloor replenishment.
RFID IN RETAIL
RFID in retail involves the placement of RFID tags on items that emit signals to RFID readers which are then processed by software, generating real-time results for stock taking, transactions, inventory levels, or individual customer purchase order history.
RETAIL INVENTORY MANAGEMENT
Inventory management is what keeps your retail store in running efficiently. Retail inventory management is either taken by hand or electronically. Managing your retail inventory electronically makes everything easier and faster.
RFID: RADIO-FREQUENCY IDENTIFICATION
RFID and barcode technology are used in similar ways to track items, but radio-frequency identification tags do not require a direct line of sight to be read, RFID data can be updated in real-time, and barcode data is read-only and cannot be changed.
RFID TAGS EXPLAINED
RFID tags are available in different shapes and sizes with features and options specific to certain environments and applications. Use your RFID reader and manage products with the RIOT application to generate accurate data.
RFID INVENTORY CONTROL
Maintain accurate stock counts, reduce errors, and avoid time consuming manual entry of items with our RFID inventory control software. RIOT real-time inventory reports allow you to compile and analyse essential data, like transactions, inventory levels, or individual customer purchase order history.
RFID INVENTORY SYSTEM
Riot Insight offers state-of-the-art RFID inventory system solutions to retail stores across the world. With our RFID software applications you can remotely manage your retail store inventory with the press of a button.
INVENTORY MANAGEMENT SOFTWARE
The Riot Insight inventory management software packages give fashion retailers detailed up-to-date control and visibility of their store.
The scope of inventory management: replenishment lead time, carrying costs, asset management, inventory forecasting, inventory valuation, inventory visibility, price forecasting, physical inventory, available space, quality management, replenishment, returns and defective goods, and demand forecasting.
INVENTORY MANAGEMENT SYSTEM
Whether customers visit your physical store or online store they should be able to see which products are available or out of stock.