Smarter stores start here: Mobile inventory for real-time retail management

Flooid’s Unified Commerce Platform enables retailers to deliver a consistent selling experience, with seamless, in-store stock and inventory management at its core. With instant access to inventory data, retailers can unlock significant business value – boosting operational efficiency and elevating the customer experience.

Inventory management:

  • Setup
    – Fully audited stock movements
    – Deliveries
    – Stock counts
    – Perpetual counts
    – Adjustments and wastage
    – Stock conditions and categories
    – HHT or screen based
    – Transfers
    – Return to supplier
  • Stock reports
    – Movements
    – Query
    – Value of stock
    – Adjustments history
    – Variance trend
    – Full audit

Stock management – key functions:

  • Stock accuracy
    – Gap scans
    – Stock counts
    – Stock adjustments
    – Wastage
  • Stock movement
    – Goods in
    – Stock return
    – Stock transfers
  • Stock management
    – Shelf edge labels
    – Price check
    – Reduce to clear
  • Omni channel support*
    – Alerts
    – Order picking
    – Order unpicking
    – Non collections
    – Order maintenance
  • Operational management
    – Device management
    – User management

*When integrated with 3rd Party Solution

Core benefits of mobile stock and inventory:

Improved inventory accuracy

Real-time updates with on-the-spot bar code scanning to reduce errors and stock discrepancies, enabling more accurate inventory that improves forecasting and replenishment while minimising overstock and understock situations.

Faster stock decision-making

Real-time alerts and notifications, provide immediate insights into stock levels, trends, and performance, enabling managers to make informed decisions on promotions, markdowns, and replenishment. Efficiently restocking from warehouses or other store locations.

Increased sales opportunities

Faster product location with instant availability checks mean fewer missed sales due to stockouts or delays. Unlocking omnichannel capabilities by selling products not physically in store via mobile ordering.

Operational efficiency

By reducing time spent on manual stock checks and paperwork, staff are free to focus on customer service and sales, boosting overall productivity.

Cost savings

Minimise excess inventory, complete mobile audits, increase staff visibility in the store, by combining multiple mobile applications to operate more flexibly and efficiently.

Reduced shrinkage and loss

Enhanced tracking and visibility accelerate the detection of theft, damage, or misplacement, while supporting compliance and audit readiness.

Enhanced customer experience

Staff are free to assist customers more effectively, reducing friction for time-sensitive purchases, leading to higher satisfaction and loyalty.

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