FASHION RETAILER INCREASES SALES SIGNIFICANTLY WITH SMART RFID RETAIL SOLUTION
How Mieloo & Alexander raised the inventory accuracy of a leading fashion retailer above 98%, enabling a significant sales increase.
The rapid development of innovative technology is having a profound impact on consumer behavior.
Competition is fierce and simply placing products in the store is no longer enough. So, retailers are
launching loyalty programs and impressive marketing campaigns. However, the priority remains to always
have the products that your customers want in stock at that moment. That sounds simple, but is it?
Research consistently shows thatmany retailers struggle to keep stock up to date. In stockrooms, every
square inch is used for storage. Products are stacked to the ceiling, making inventory management quite
the challenge. Imagine wanting to know what’s in stock, what’s in store, and what has been sold every minute
of every day? From a technical point of view, this was always very hard to achieve.
Mieloo & Alexander was able to map the journey that products take within the store
and stockroom in real-time and significantly increase inventory accuracy.
Mieloo and Alexander have written a case about this successful implementation of real-time inventory and task management at a global fashion retailer.
Please read the full case study here.
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