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Active Retailer Portal
Are You Optimizing Your Store Sales?
Retailers make large investments in activities such as promotion, seasonal, and new product introductions. Often, these investments do not realize their full potential, resulting in unmet sales goals due to lack of compliance at the retail store level. Sales volumes are the highest at the beginning of the launch period. Therefore, it is critical to ensure that these products arrive to the store sales floor on schedule. Non-compliance can result in lost sales that are rarely ever recovered. This non compliance is caused by a lack of visibility. Without visibility it is virtually impossible to monitor and manage these products through the supply chain and ensure these products are moved to the sales floor on-time. Even costly manual methods employed by retailers to move product to the sales floor on-time fail to deliver the expected results. Only 40% to 60% of all of these products ever make it to the sales floor.
Active Retailer Portal
Everyday items can be a challenge to keep on the shelves as well. Products that are out of stock on the sales floor may have backup inventory in the stock room. Without visibility, these products may not be moved to the sales floor for days or even weeks. Lost sales occur daily even though the product exists in the store. Visibility and actionable data is the key to solving these problems. Visibility provides the necessary information for retailers to take action and can lead to ontime product movement to the sales floor and ultimately to the customer.
rfXcel’s Active Retailer Portal™ is designed to provide retailers with visibility into the supply chain at the store level. By leveraging your existing data or new data from RFID investments, retailers can immediately benefit by gaining actionable information that can be directly used to improve sales performance. By leveraging the underlying Active Intervention Architecture™ retailers have the power of information on demand, while Supplier trading partners can benefit from shared notifications, exceptions, and reports.
rfXcel’s Active Retailer Portal™ allows users to act on problems before they occur. Daily store move reports enable store managers to manage and organize their daily activities and push product from the stock room to the sales floor in a timely manner. With the ability to provide real-time alerts, retailers can correct supply chain issues in real-time, reducing costly out-of-stocks, rushed shipments, and lost sales. rfXcel provides a suite of real-time supply chain optimization solutions that aim to increase collaboration and visibility of inventory and promotion, seasonal, and new product introduction activities between retailers and manufacturers. rfXcel’s Active Retailer Portal™ is designed to empower users by providing data from internal systems as well as from their suppliers systems.
Promotional Compliance
Suppliers make large investments on in-store promotions with the expectation that sales will increase as a result. Unfortunately, these sales goals are often never achieved. The retail stores do not move the promotional displays from the stock room to the sales floor 40% to 60% of the time. Lack of visibility in the supply chain makes the monitoring and management of promotional products next to impossible. rfXcel’s Active Supplier Portal™ not only monitors promotional products throughout the supply chain, but also provides real-time notifications to help ensure correction of any issues and movement of promotional displays and products to the sales floor on-time. This increased promotional effectiveness can provide both retailers and suppliers with significant sales uplift ranging from 20% to 30%.
Seasonal Item Management
Seasonal products have many of the same characteristics of promotional products as they move through the supply chain. Seasonal products, however, are often a one-time sales opportunity. Many seasonal items become obsolete, expire, or grow out of fashion, and cannot be sold again the following year. Getting seasonal products to the sales floor ontime is critical to the overall sales success. Without visibility it is next to impossible to monitor and manage seasonal products to ensure they move to the store sales floor ontime. rfXcel’s Active Supplier Portal™ not only monitors seasonal products throughout the supply chain, but also provides real-time notifications to help ensure correction of any issues and movement of seasonal products to the sales floor ontime. This increased seasonal item effectiveness can provide both retailers and suppliers with significant sales uplift ranging from 20% to 30%.
New Product Introduction
New products achieve a high percentage of sales in the first week of release. Missing even a day of sales becomes a costly issue. Suppliers spend enormous amounts of money in promoting new products only to find that their retail partners struggle to move these new products to the sales floor ontime. Lack of visibility in the supply chain makes the monitoring and management of new products next to impossible. rfXcel’s Active Supplier Portal™ not only monitors new products throughout the supply chain, but also provides real-time notifications to help ensure that issues can be corrected and new product makes it to the shelves ontime.
Inventory Optimization
Managing everyday products through the supply chain is a very difficult task. Moving everyday items from the stock room to the sales floor is even more of a challenge. Lack of visibility at the store level causes numerous issues in determining where product is located and how much of the product exists in both the stock room and on the sales floor. Ensuring that product is on the shelf and available for sale is the ultimate goal. rfXcel’s Active Supplier Portal™ not only monitors everyday inventory at the store level, but also provides real-time notifications to help ensure correction of issues and ontime replenishment of everyday products on the sales floor shelves.
Key Benefits
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Improved Sales Up To 30%
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Improved Compliance From 40% To 70%
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Increased Visibility At The Store Level
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Utilizes Current Technologies
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ROI On Current Or Future RFID Investment
Features
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Real-Time - Workflow
                 - Exceptions
                 - Notifications
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Information On Demand
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Daily / Weekly Move Reports
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Store Manager Summary Reports
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Compliance & Inventory Reports
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Store By Store Analysis
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Supplier Analysis Report
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Collaboration With Trading Partners
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Single Platform For All Partners
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Standards Based Technology
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Utilizes Existing And / Or RFID Data
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Subscription Service Or License Model
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