How does manual inventory tracking affect retail operations?

Manual inventory tracking creates vulnerability points throughout the inventory control framework. Traditional approaches including handwritten stock counts and paper-driven fulfillment lead to revenue loss, surplus inventory expenses, and dissatisfied customers. Retailers frequently battle with labor-intensive procedures while attempting to preserve inventory precision.

Retail Inventory Management Software for Oracle Cloud

Managing Omni-Channel Operations & Inventory Precision

The retail sector functions within progressively sophisticated omni-channel landscapes. Meeting customer demands for instant inventory transparency and fluid order fulfillment, retailers must maintain precise inventory information across every sales touchpoint. Yet, traditional inventory methods can substantially impede operational effectiveness and customer experience.

Implementing a solution that optimizes inventory control within Oracle Cloud SCM is crucial for streamlined daily operations of organizations in this industry.

Manual Inventory Tracking Slows Retail Operations

In a sector tasked with product delivery across numerous channels, real-time transparency is absolutely critical. Facing the threat of revenue loss, surplus inventory expenses, and dissatisfied customers, retailers frequently battle with manual, labor-intensive procedures while attempting to preserve inventory precision.

Traditional approaches including handwritten stock counts and paper-driven fulfillment create vulnerability points throughout the inventory control framework. Through deploying automated inventory control solutions across all operations in Oracle Cloud SCM, retailers can mitigate these risks and enhance operational performance.

Streamline Your Operations

Inbound Processing
Stock Management
Order Processing
Stock Replenishment
Returns Processing
Cross-Dock Functions
Outbound Operations

Driving Retail Excellence

Deploying a warehouse management system (WMS) with integrated inventory control solutions like RF-SMART, retailers can achieve:

Live inventory monitoring across every location and sales channel

Minimized stock variances through automated data capture

Universal inventory access from any location in the warehouse or retail space

Portable data capture using mobile devices for instant updates

Enhanced stock transparency - enabling retailers to make better-informed procurement decisions

Native Oracle Cloud SCM connectivity where RF‑SMART WMS seamlessly connects with Oracle Cloud SCM, ensuring all inventory information flows effortlessly between your mobile device and ERP

Continuous counting capabilities to preserve accurate inventory without operational disruption

Minimizing Inventory Shrinkage Through
Supply Chain Visibility

Preserving visibility of inventory movement is crucial to help retailers minimize stock shrinkage. When inventory movement tracking is unavailable, the results can include:

Increased risk of stockouts from incomplete shipments
Profit margin erosion due to internal theft and/or customer theft

Monitoring inventory at every touchpoint is traditionally a very labor-intensive process. Through implementing mobile inventory control, this process becomes more efficient, faster and more precise - while providing an audit trail when discrepancies occur. The outcomes include enhanced inventory precision, reduced inventory expenses, and superior customer service.

How RF-SMART's Retail Inventory Solution for Oracle Cloud Gave Major Eyewear Retailer Clear Operational Visibility

Challenges

Leading eyewear retailer faced significant operational challenges during their Oracle Cloud transformation. The company operated a unique dual-purpose distribution model that combined traditional warehousing with specialized in-store laboratory operations for lens manufacturing. This complex environment required flexible inventory management capabilities that could handle equipment-intensive retail operations while maintaining seamless integration with Oracle SCM Cloud.

Solution

To address these operational complexities, the retailer implemented RF-SMART for Oracle SCM Cloud, delivering comprehensive functionality across receiving, putaway, picking, cycle counts, maintenance execution, and inventory management throughout their retail network. The solution's real-time integration with Oracle SCM Cloud provided immediate transaction visibility, while specialized maintenance workflows optimized their lens manufacturing laboratory operations.

Results

The RF-SMART implementation enabled the retailer to:

Achieve real-time inventory visibility across their national retail footprint, improving stock accuracy and enabling better demand forecasting.

Streamline dual operations supporting both warehouse distribution and specialized manufacturing processes, reducing processing times and improving order fulfillment.

Enhance maintenance capabilities for equipment-intensive laboratory operations, ensuring critical lens manufacturing equipment remained operational.

Establish seamless Oracle SCM Cloud integration, creating a unified system that eliminated data silos and improved coordination between warehouse and retail locations

Retail Inventory Management for Oracle Cloud SCM by RF-SMART

Revolutionizing Retail Operations with
Real-Time Inventory Accuracy

Managing Omni-Channel Operations & Inventory Precision