Background
Inventory sharing and preventing oversold risks
Omnichannel inventory sharing needs to avoid the situation of "online display of stock, offline actual shortage". For example, when multiple channels simultaneously purchase the same product, the system needs to dynamically lock inventory and update it quickly, otherwise it may lead to overselling or order loss.
Difficulty in coordinating a multi brand supply chain
Himaxx collaborates with multiple brands, resulting in high SKU complexity. It is necessary to coordinate inventory allocation, tail goods processing, and other strategies with each brand to ensure that brand sales are not affected during the current season and to efficiently digest out of season products. Multi subject collaboration requires extremely high response speed in the supply chain.
Difficulties in Multi System Data Collaboration
The integration of store and warehouse requires real-time integration of inventory data from online shopping malls, offline stores, and warehouses. However, differences in system architecture across different channels (such as apps, store POS, and warehouse WMS) may result in data delays or conflicts.
Business Challenges
1.Real time inventory visualization
Implant RFID tags for each product, collect real-time inventory data through warehouses and stores, achieve instant inventory updates, and combine RFID data with order priority rules to support dynamic brand allocation.
2.Multi brand data collaboration platform
Our RFID solution supports multi brand inventory collaboration, allowing brands to view the flow of goods in real time, avoiding incorrect digestion of seasonal inventory.
3.Omnichannel data synchronization
RFID data is pushed in real-time to various systems for real-time inventory updates in ERP, synchronization of POS transaction records, and other operations to ensure data consistency.
Solution
Omnichannel Inventory Integration
Each item is linked to a unique RFID code, synchronized with the ERP system for real-time synchronization and accurate tracking of inventory data across multiple warehouses and stores.
Real-time Monitoring and Alerts
Through end-to-end RFID data collection (factory-warehouse-store), inventory is automatically updated during receiving, shipping, and stocktaking. This enables timely identification of slow-moving or out-of-stock items, improving decision-making efficiency.
Intelligent Replenishment Optimization
The system supports regional inventory sharing. When replenishing stock, stores prioritize matching inventory from other stores within the same region, significantly shortening transfer cycles and reducing stockout risks.
Impact&Results
Improved inventory accuracy to over 99.9%
Reduce the issue of 'ghost inventory
Real time monitoring of shelf product data
Improve inventory turnover rate
Real time collection of product data by RFID
Assist in precision marketing and display optimization
25 Years of Industry Expertise · RFID Digital Solutions
Focused on the Fashion Industry,
Serving 100+ Fashion Apparel and Footwear Brands