RFID-based solution: Stocking up on IoT

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RFID-based solution: Stocking up on IoT

MS Mode, a European fashion brand under the umbrella of parent company Cool Investments, plans to increase inventory accuracy with an RFID-based solution that tracks goods at its 185 stores. The technology is initially being launched in three stores, than at all locations by October 2021. Nedap’s iD Cloud solution is being used to ensure that products are available at each site, in order to meet omnichannel sales demands during and following the COVID-19 pandemic.

MS Mode can use refill functionality in the Nedap iD Cloud App to easily see which items from the store’s stock room need to be replenished on the sales floor. In addition, the RFID data is linked to an application developed by MS Mode that ensures, based on smart algorithms, that it accurately determines which stock should be sent to which stores and channels at what time.

Strategic inventory management is a precondition for being a successful omnichannel player. Since the start of the pandemic, the number of online orders has increased enormously and the foot traffic in stores went down,

said Martin de Jong, COO at Cool Investments, the parent company of MS Mode.

To serve customers optimally through all sales channels, it is essential to be able to have the right products available at the right time in the right place,

he added.
MS Mode also deploys RFID technology to quickly check incoming goods. Store associates can now count on reliable inventory information from the moment of delivery, thereby serving customers better.

Author: Tim Cole
Image Credit: MS Mode

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