Providing a great customer experience is paramount to any type of business. A happy customer will bring more business, an unhappy customer will most likely never return. There are many ways for you to provide your customers with the best experience possible. One of those is having a real-time control over your inventory, so there are never any stock issues that might affect your customers.

What is real-time inventory?

Real-time inventory provides to both you and your customers with accurate status and availability for your products. Inventory is instantaneously updated for everyone every time an item is sold.

This way, your employees can provide a better customer experience, by knowing the inventory status at every moment. Customers can be informed faster is a product is available or not, and even be provided with a timeframe for when it will be available again. To provide this, some work needs to be done, such as keeping accurate counts of every physical item in your inventory.

How to provide real-time inventory?

To provide this, there must be a big focus on having everything in sync. Every item reference needs to be tracked (by size, color, etc.), to not miss anything. If your inventory is available in multiple locations (warehouse, multiple stores, etc.) you need to have a central system to manage everything, especially if you must move stock around to fulfil orders or online purchases.

The technologies you choose to keep track of everything need to be fully capable of receiving data from multiple sources and provide said sources with the accurate data so that everything runs as smoothly as possible.

STOCK.VISION: Store Shelves Monitoring

STOCK.VISION might be your best ally here! STOCK.VISION is a shelf monitoring solution that provides real time item availability information based on in-store camera footage. This is a solution powered by Artificial Intelligence that’s capable of:

• Using images from CCTV cameras.
• Analysing item availability information in real time.
• Alerts with the shelf and product identification.
• Keep the shelf permanently monitored!

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