Retail in Asia

In Trends

Expert Opinion: Meet the Intelligent Merchandise Availability Program

In order to deploy and fully leverage merchandise availability solutions that are integrated, intelligent and insightful, retailers need to seek out and align with partners that understand how to tie together inventory visibility and shrink management to improve shopper’s experience, in cost-efficient, operationally synergistic solutions. Innovative retailers are using RFID technology as a common fabric across many of its merchandise- centric applications to gain real-time insight into merchandise status and to take necessary steps to anticipate and reduce out-of-stocks.

Farrokh Abadi, President and COO, Shrink Management and Merchandise Visibility Solutions for Checkpoint Systems, discusses the important challenges and market changes impacting retailers’ ability to reduce potentially crippling out-of-stock and to improve merchandise availability in the first two parts of this series.

This report, the final part of the discussion, takes a look at how Checkpoint Systems has developed an innovative and efficient approach to this problem.

Farrokh Abadi has been at Checkpoint since 2004 at various executive positions and has authored articles on how technology and process improvement can make a positive impact on retail operations.

To download the full report, click on the PDF attachment.