Inventory in retail: trends and technologies
22/03/2024
In the vast world of retail, inventory is the foundation upon which every operation stands.
From the quality of inventory data, key processes such as stock valuation and replenishment planning take shape — all essential for the success of any commercial business.
Yet behind the façade of uniformity lies a complex maze of approaches and methodologies, each tailored to the unique challenges and characteristics of different sectors. This is where the true complexity of inventory reveals itself — a world where the right strategy can make the difference between success and failure.
An inventory isn’t just about counting products on the shelves. It’s a complex process that demands accurate organisation and detailed planning right from the start.
Our store management applications are valuable tools in this phase, enabling efficient data handling and optimised inventory preparation.
We’ve developed a guided, dynamic inventory process that can be adapted to different scenarios. With this approach, you can configure the ideal inventory setup for your specific sector — not just focusing on counting items, but also incorporating monitoring tools that assess and certify the quality of the data collected.
New technologies are emerging that help digitise and speed up the inventory process. Augmented Reality (AR) is one of the latest innovations being applied during inventory activities, and in the next article, we’ll explore how AR can revolutionise the way inventories are conducted — offering store staff a more intuitive and accurate experience.
In this first part dedicated to inventory, we’ve seen how important it is to have a dynamic solution, ready to respond to the specific needs of different sectors.
Don’t miss our next piece, where we’ll dive into how augmented reality is reshaping inventory management!
