Need:

A national retailer without a perpetual inventory system came to RGIS. The retailer relied on a physical cycle count to track seasonal merchandise. They typically executed all seasonal counts in one market, limiting their data.

• The retailer executed seasonal counts throughout the year using pen and paper.
• There were no product details included in the seasonal inventory counts.

Solution:

The RGIS team worked with the retailer to develop a new, SKU based inventory program. This new system allowed for the collection of detailed seasonal count data.

With this new inventory program, each seasonal SKU file contained only relevant items. RGIS employees recorded SKUs and important details with RM2 scanners.

Each count had at least 3 physical counts. Counts would be at the beginning, middle, and end of the selling cycle.

Results:

RGIS was able to perform sample inventories in several different markets around the country. This provided a wider view of seasonal sales trends.

• Inventory count time decreased by 1 hour
• Write-offs and unresolved discrepancies decreased
• Real-time data allowed for resolution of shrink issues