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Retail Solution | Smart Stocktaking Solution in Retail

There are various types of goods, different specifications, and large fluctuations in the retail industry. In traditionally way, it is cumbersome and labor-consuming. The workload is heavy. In other cases, workers make mistakes with low working efficiency. Moreover, it is difficult to store the papers, and the inventory information is not updated in time. The fixed barcode reader is connected with the computer, which has poor mobility and occupies too much space resources. Besides, the maintenance cost is high.
 
Challenges
• Many retail stores take stocks at the end of each month. The number of goods is huge, and the workload of the traditional stocktaking is heavy.
• It is time-consuming and labor-consuming for traditional manual counting methods for inventory. Once mistakes are made, there will be an embarrassing situation of repeated inventory, which wastes unnecessary manpower and material resources.
• The data of stocktaking cannot be saved effectively, and it is hard for searching for in the future, which is not conducive to the management's timely grasp of the business status of the store, which is not helpful for the long-term development of the store.
• Due to inefficiency, inventory information cannot be updated in a timely manner, and there is a shortage of goods in the storefront, which cannot be replenished in time and affect sales.

With Chainway smart retail inventory solution, it can not only realize accurate and efficient inventory counts, but also manage warehouses and sales data. It improves the overall operational management level of the storefront. Workers use the handheld terminal to scan the goods barcode, automatically get the data, then the real-time records are uploaded to the management system, which significantly improves work efficiency and supply chain feedback speed to achieve visual management of inventory. At the same time, the work records are automatically generated and uploaded for check and analysis.

Counter stocktaking
By scanning barcodes on the container, the staff can quickly take stock of the goods, greatly improving the efficiency and accuracy of stocktaking. It can ensure the timely replenishment of goods to effectively avoid the shortage of goods.
 
Data management
With a hand-held card reader, the staff can scan goods very quickly, and data can be passed to the database for comparison. And through the wireless network, the data can be conveniently transferred to the headquarters database, so that the headquarters can know the sales situation of each store in time.

Benefit analysis
1. Intelligent stocktaking increases the working efficiency for the clerk, which gives them more time and energy to serve customers and improve customer satisfaction.
2. Accurate inventory data enhances the management of the store and facilitates the timely adjustment of store inventory.
3. Real-time data transfer allows shop managers to see sales and inventory at a glance, and they can adjust marketing policies to attract more consumers based on this information.
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