Reduce Inventory Shrinkage with Traceability
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:
- Greater risk of stock outs caused by short shipments
- Eroding of the bottom line due to employee theft and/or shoplifting
Tracking inventory every time it’s touched is a process that can be very time consuming. By implementing mobile inventory management, this process becomes easier, faster and more accurate - plus you gain an audit trail when errors are found. The results include improvement in inventory accuracy, decreases in inventory cost, and better customer service.