RFID Zero-Sales Preventer Avoids Out-of-Stocks Through Real-Time Supply Chain Visibility

New Zero Sales Prevention module enables manufacturers to improve the real-time performance of their retail businesses by leveraging RFID-enabled supply chain information to avoid stock-outs and support decision making. ...

... "The new service represents a revolutionary advance in how manufacturers use and view RFID data to find supply chain issues, understand root causes and quickly resolve problems to ensure sales are not negatively impacted. Manufacturers such as Ocean Spray Cranberries, an early adopter of the service, are now able to prevent more out-of-stocks and zero sales days because of the visibility provided by TR3's On-Demand RFID Solutions. TR3's Zero Sales Prevention module is a new addition to the company's TR3 On-Demand Solutions suite - currently in use by more than 30 leading manufacturers - that enables product managers to dramatically improve promotions and perishables management and prevent out-of-stock situations. By automatically converting the millions of RFID scans received from retailers on a daily basis, TR3 On-Demand sifts, organizes and extracts critical issues that were previously invisible to product and supply chain managers. Within a single dashboard, manufacturers can view the performance of each product line and have visibility to prioritize and fix supply chain issues in real-time. " ...

Via TR3 Solutions: TR3 Solutions Extends Leadership in RFID Solutions with Release of Zero Sales Prevention Module