RETAIL: Out of Stock Management
How to prevent revenue loss by Out of Stock
Out of stock makes revenue loss and cause customer dissatisfaction and transfer those customer to competitor.
8.7% Out of stock ratio in average
31% Buy in another store
9% Don’t buy anything
With our Real Time Out of Stock Detection, we can recognize empty areas in shelfs and send a notification message to the team to refill the stock.
By using this solution you will have less spending for checking out of stock, you can allocate your staff to customer service and C&C to improve the customer experience.
+3.4% Revenue Increase with 22% GP
+0.7% EBIT improvement