SkandSoft’s Retail solution enables positive ROI for the retailers by keeping a track on the movement of the inventory in Real Time and providing auto-generated alarms/ alerts and reports to the store manager based on the inventory movement. This facilitates the store managers to predict the demand for a particular class of product thus enabling shelf stock maintenance. This is turn will effectively reduce the customer wait time by ensuring product availability and faster checkouts. Retailers can now gain customer loyalty by serving them more efficiently.

Key Benefits

• Collaborative Planning, Forecasting, and Replenishment (CPFR)
• Drastically improved reaction time to consumer demand
• Precision of sales forecasts
• Inventory reduction
• Information collaboration – internal and external entities
• Reduction in customer Waiting time
• Inventory accuracy
• Efficient management of returned items
• Easier retrieval of items from the shelves
• Labor cost reduction – specially checkout labor cost
• Better customer service
• Efficient checkout and
• Item availability