Lack of inventory data or inaccurate inventory data prevents retailers from fully leveraging omnichannel opportunities. Poor accuracy requires retailers to set safety stock limits that effectively hide inventory from online shoppers. And worse, customers are disappointed when orders are canceled or delayed or items are not available as promised in stores. The cost of fulfillment escalates when orders are routed to stores that don’t have, or can’t find, the promised item.
The Impinj IoT Connector connects RAIN RFID infrastructure to SAP Hybris Commerce to deliver accurate, real-time inventory data. This data can help retailers make better inventory and supply chain decisions that result in fewer markdowns, reduced inventory and improved shopper experiences online and in-store. The solution from Impinj and SAP Hybris maximizes products available to promise while driving down the time and cost needed to fulfill. Retailers find that, with RAIN RFID based inventory accuracy, they can reduce supply chain and store inventory while postponing store allocations. The result is more centralized fulfillment, fewer markdowns, and lower working capital in the supply chain. Barriers between channels are removed and customers have a better, satisfying shopping experience.