Falabella: Total value chain visibility, from raw source to store shelf
Results:
97% inventory accuracy
RFID tag arrivals for apparel,
shoes, toys, and electronics
Reduced safety stock by 50%
Implemented inventory counts
at more than 150 locations
15% less FTE costs
Expected to reach close to 100% inventory accuracy by 2025
Multinational department store chain Falabella was experiencing inaccurate inventory both in stores and online. Before implementing RFID-based tracking solutions, inventory accuracy hovered below 80%.
RFID tags on denim
Falabella was able to improve inventory accuracy to 97% after implementing the ytem™ retail platform by Mojix. Their store managers now have access to valuable inventory data to support demand planning, daily updates, customer demands, and more.