May 28, 2013Most retailers achieve only about 65 percent inventory accuracy on a given day, which means one-third of all decisions are made based on inaccurate data. Terso Solutions' Keith Hoffman discusses an automated solution called the Smart Stockroom that allows authorized personnel to enter a large storage room, peruse the aisles until finding the required items and then automatically check them out. The checkout process occurs in an instant, whether involving a single product or dozens of complex reagents or chemical products worth thousands of dollars. This item-level RFID tagging system can help retailers overcome many obstacles, pushing inventory accuracy up toward 99 percent. (8 pages)
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