CKP Merchandise Visibility, source-to-store solution for apparel retailers
08 Apr '09
4 min read
With Merchandise Visibility, retailers can now achieve the precision and accuracy in their operations never before possible. It provides critical information that is used to error-proof the supply chain, optimize inventory levels, alert store personnel when merchandise must be re-stocked, and automatically reorder when in-store quantities are too low. As a result, retailers can better manage inventory to meet customer demand, ensuring adequate stock levels without excessive inventory.
"Particularly during difficult economic times like these in which consumers have dramatically curtailed their spending, retailers must be in a position to sell when their customers are ready to buy," added Putta. "Missed sales opportunities are simply too costly; the majority of customers will shop at a competitor's store if the item they are looking for is out-of-stock, making each and every selling opportunity critical for the retailer. In addition, retailers face high capital costs. They can't just stock extra merchandise; they need to optimize inventory levels to prevent overstocks that lead to costly markdowns."
Several retailers in Europe use Checkpoint's Merchandise Visibility Solution to obtain unprecedented high-resolution visibility and the solution continues to gain traction. Checkpoint has a dedicated team focused on this solution, extending its portfolio of shrink management solutions that four of the top five global retailers - and hundreds of others - rely on for their shrink management needs.
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