Retailers need access to accurate, real-time inventory data to be able to make good purchasing decisions, minimize costs, meet customer expectations and increase sales. Being able to identify redundant or slow-moving inventory is a must.
If visibility into accurate inventory data is not immediately available in NetSuite, consequences can include:
Our Retail Inventory Management bundle helps you meet today’s omni-channel requirements by providing core inventory and retail-specific functionality for your operations. RF-SMART extends NetSuite's retail module with mobile functions.
All functions listed also support and enhance Inventory Status, multi-language and barcode parsing.
Functions in this package:
With 96% growth projected, Frescobol Carioca knew that it was business critical to manage their stock and eradicate paper-based, manual inventory practices.
With the manual processes in place, it was difficult to manage inventory between the retail store and the warehouse. By using item transfer functionality, Frescobol can quickly and easily transfer product to retail stores, and vice versa.
This automation increases the efficiency and accuracy of product going out the door - and all product movement is recorded and reflected in real-time in NetSuite.
RF-SMART's NetSuite integration enabled the company to improve their picking accuracy to 99%, allowing them to quickly and accurately fulfill orders and keep customers happy. Learn more.
Maintaining Traceability of inventory movement is important to help retailers reduce inventory shrinkage. When the tracking of inventory movement is not available, the consequences can include:
Read how RF-SMART was able to save Frescobol Carioca $40,000.