Home / Knowledge / News / Information Technology / Omnitrol's retail shop-floor inventory tracking solution for apparel
Omnitrol's retail shop-floor inventory tracking solution for apparel
17
Nov '09
Omnitrol Networks, a pioneer in delivering automated and predictive real-time operational visibility in logistics, food-chain and apparel manufacturing markets, announced that they will be delivering their valued solution for real-time intelligence in retail shop-floor operations. The real-time, item-level inventory solution utilizes Omnitrol's unique federated services architecture to create an integrated intelligent retail-distribution network. The retail shop-floor inventory visibility solution will be sold through Omnitrol's channel and integration partners.

When questioned as to “why now?”, Omnitrol's response was to outline the current issues with slow RFID adoption in the retail industry. However, with their proven solutions, Omnitrol felt that the retail market is now ready to accept RFID as a legitimate technology to enhance business performance in day-to-day shop-floor operations, including global traceability.

In a retail industry study conducted by the University of Arkansas, 80% of lost sales days are from out-of-stocks, which current processes take seven to nine days to correct, and cost the industry upwards of $93 billion per year.

Omnitrol Network's low cost, simple, pre-integrated, plug-and-forget Retail Inventory Tracking solution is proven to not only reduce stock outs and increase sales, but also reduce the labor costs associated with inventory taking while improving stock, promotion and sales analysis. The solution provides daily inventory in minutes for a retail store with multiple zones or multiple locations. It can even scale to provide end-to-end global tracking from manufacturers. Inventory and velocity reports are available through secure web-portals in real-time between trading partners. The Omnitrol solution allows retailers to configure inventory movement and stock-out rules to automatically send alerts and notifications to management and partners without any manual intervention.

ABI Research's RFID practice director Michael J. Liard explains, “RFID's use in the apparel sector represents the greatest near-term opportunity for business improvements and fewest impediments to growth in the retail industry. A quick, demonstrable ROI and key business metrics for adoption have been clearly established and the results of nearly all evaluations conducted have been compelling. As a result, market activity is brisk and promising, especially among early-adopter specialty apparel retailers.”

“We are very excited to release this solution to our channels and system integration partners which will help accelerate the deployment of real-time intelligent edge solutions with quick ROI. We are now taking our inside-out visibility strategy to the retail industry,” says David Orain, VP of Marketing at Omnitrol Networks. “The Omnitrol solution can be deployed in days without any impact to existing systems or processes. Our solution extends real-time inventory visibility seamlessly to existing operations at the lowest total cost of ownership in the industry," added Orain.

Omnitrol Networks


Must ReadView All

UNIDO, eWTP discuss strengthening ties to back e-commmerce

Textiles | On 25th Apr 2018

UNIDO, eWTP discuss strengthening ties to back e-commmerce

United Nations Industrial Development Organisation director general...

Courtesy: HueTrap

Apparel/Garments | On 25th Apr 2018

Making sustainability affordable is a big challenge

In a lot of instances, being sustainable comes with an additional...

Courtesy: Formosa Petrochemical Corporation

Textiles | On 25th Apr 2018

Formosa to set up petrochemical plant in Louisiana

Formosa Petrochemical Corporation has selected St. James Parish in...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Eric Scholler
Groz-Beckert

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

Leave your Comments


April 2018

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

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

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

Yes No

Active Poll

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

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

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

Yes No

Active Poll

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

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

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

Active Poll

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

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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