Magazine Article | September 18, 2014

RFID's Value In Omni-Channel Inventory Management

Source: Honeywell

October 2014 Integrated Solutions For Retailers

An interview by Adam Blair with Kurt Mensch, principal product strategist, Honeywell Scanning & Mobility

Item-level visibility stretching from supply chain to store shelf boosts sales and profitability.

Inventory visibility that can drill down to the store, shelf, and item level is one of the “secret weapons” of omni-channel retailing. Fast, accurate inventory management is critical not only to meeting customer expectations but to boosting profitability, by ensuring in-stock levels remain high and by optimizing products’ placement within the store. According to Kurt Mensch, principal product strategist, Honeywell Scanning & Mobility, RFID technology not only serves important roles in loss prevention, it’s also a vital tool for bringing such precise item-level inventory management closer to reality for retailers.

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