Home / Knowledge / News / Information Technology / CKP Merchandise Visibility, source-to-store solution for apparel retailers
CKP Merchandise Visibility, source-to-store solution for apparel retailers
08
Apr '09
Checkpoint Systems Inc announced the world's first comprehensive Merchandise Visibility Solution, enabling apparel and other retailers to optimize the entire supply chain from source to store.

Available immediately, the new solution delivers high-resolution visibility for retailers, and addresses the challenges they face in managing their operations and ensuring adequate on-shelf inventory to meet customers' needs. Checkpoint has brought together the hardware, software and services to deploy a complete standards-based, source-to-store, RFID-enabled Merchandise Visibility solution.

"Checkpoint's Merchandise Visibility solution transforms retailers' operations, enabling them to improve their supply chain and in-store operational effectiveness in ways never before possible," said Rob van der Merwe, Chairman, President and CEO, Checkpoint Systems Inc. "This solution positions retailers to gain unprecedented visibility to reduce out-of-stocks, reduce shrink and reduce working capital, while improving the consumer's experience and increasing sales."

Industry studies show that retailers' inventory numbers are accurate only 35% to 45% of the time, and merchandise is out-of-stock 10-12% of the time. As a result, retailers face margin-reducing pressures across a variety of fronts, including lost sales due to out-of-stocks, lost sales of items that would have been purchased along with the out-of-stock item (such as a belt with a pair of designer jeans), end-of-season markdowns caused by overstocks, and increased operational costs associated with manual counting and stocking processes.

"Our Merchandise Visibility Solution provides apparel retailers with comprehensive visibility from the source to the store," said Prasad Putta, general manager, Merchandise Visibility, Checkpoint Systems. "Checkpoint's comprehensive portfolio of products and services enables us to design and implement solutions delivering benefits to the entire retail supply chain, from the point of manufacture into the hands of consumers. Checkpoint is the only company that can provide retailers with the complete, proven solution that they need to cost-effectively optimize shelf availability to meet customers' needs."

The Merchandise Visibility Solution addresses these challenges by seamlessly integrating the combined strengths of several key Checkpoint capabilities:

• RFID software from Checkpoint's OATSystems division, delivering information management and real-time event processing to automate and error-proof the entire supply chain
• RFID tags, delivered to the point of manufacture and applied at the source, through the company's unique Check-Net service, providing visibility at the start of the supply chain
• Shrink management solutions, including portals and readers to track inventory throughout the supply chain in real-time.
• Installation services for all of the equipment that provides real-time insight as merchandise moves throughout the supply chain


Must ReadView All

Textiles | On 26th Jul 2017

Q1 2018 revenue at Raymond soars 14%

The consolidated revenue of Raymond Limited for the first quarter of...

Textiles | On 26th Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Textiles | On 26th Jul 2017

Leather & footwear industry expecting incentive package

India’s leather and footwear industry is anticipating an incentive...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X