Item Intelligence makes inventory accuracy easy
Customers expect more from retailers than they ever have. Customers have many options to get the products they want, when they want it. Many retailers have difficulty maintaining accurate inventory data. In fact, industry sources state that the average inventory accuracy level is only 65%. This leads to missed sales opportunities and disappointed customers.
The Impinj platform and Nedap !D Cloud application provide retailers with 24/7 accurate, real-time inventory data reconciled with existing ERP systems. The !D Cloud SaaS allows access to inventory data from any web browser.
Delivering insightful intelligence in real time
With this solution, retailers can achieve optimal merchandise availability for their customers and in-store stock accuracy of over 98%. The Always-On Inventory Intelligence solution from Impinj and Nedap eliminates pain points associated with incorrect shipments, administrative errors and faulty ERP data.
Improve your inventory management with:
- Continuous monitoring and reconciliation of in-store inventory
- Seamless integration with existing ERP systems
- Simple to use, cloud-based software for viewing and reconciling inventory
!D Cloud connectivity lets retailers easily access pertinent information about store inventory.
Increase store sales with improved inventory visibility
Item Intelligence pinpoints which products are selling out, and where you might need to cut back. With exceptional inventory management, retailers can order, stock, and sell confidently, thereby reducing overstock and improving sales.
Reduce labor cost and operational inefficiencies due to manual cycle counts and undirected replenishment
The Impinj and Nedap solution provides an always-on platform with a 98% accurate, continuous count. This removes the need for manual cycle counts, allowing retailers to focus labor on sales and service. Smart scheduling reduces inefficiencies and helps businesses run more efficiently.
Eliminate excess inventory used to compensate for lack of accurate inventory data
With visibility into inventory, retailers can use strategic allocation to determine the best placement of their inventory -- and drive both allocation and assortment decisions based on accurate inventory data.
Improve omnichannel experience for items fulfilled through store
Improved inventory visibility lets retailers fulfill orders across channels efficiently and accurately. The Impinj and Nedap solution provides visibility, accuracy and alerts in the event of mistakes so you can minimize administrative errors and incorrect shipments. This leads to happy customers and a highly efficient omnichannel experience.
Reports provide insights that let you improve your operations.
Relevant Impinj Platform Products
These products are part of the Impinj platform.
Impinj (NASDAQ: PI) wirelessly connects billions of everyday items such as apparel, medical supplies, automobile parts, luggage and food to consumer and business applications such as inventory management, patient safety, asset tracking and item authentication. The Impinj platform uses RAIN RFID to deliver timely information about these items to the digital world, thereby enabling the Internet of Things.
Nedap brings 40 years of global experience, market expertise and close cooperation with leading retailers. Everything we do is driven by our mission to make it simple for retailers to always have the right products available. To achieve this, we offer industry-leading solutions for our customers’ diverse needs in loss prevention and stock management.
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Impinj, the Impinj logo and Impinj products referenced in this document are trademarks or registered trademarks of Impinj, Inc - see www.impinj.com/trademarks. Other company, product or service names may be trademarks or service marks of others.