Benefits of Global RTI Tracking for the Retail Industry
Enhanced Asset Utilization
Real-time tracking enables retailers to identify underutilized RTIs, ensuring that these assets are used to their full potential. This reduces the need for additional investments in RTIs and lowers overall costs.
Streamlined Supply Chain Operations
Global RTI tracking provides retailers with the ability to monitor RTIs at every stage of the supply chain. This allows them to identify bottlenecks, optimize transportation routes, and make well-informed decisions about resource allocation.
Minimized Losses and Theft
With real-time location data, retailers can promptly identify lost or misplaced RTIs and take corrective action. This reduces the need for replacement items and minimizes the costs associated with lost assets.
By optimizing RTI usage, retailers can minimize the need for disposable packaging materials, reducing waste and promoting sustainability. Additionally, efficient RTI management lowers transportation costs and reduces CO2 emissions, supporting a greener, more sustainable future.
Improved In-Store Availability
Global RTI tracking enables retailers to ensure that the right number of RTIs is available at the right time and place, improving overall supply chain responsiveness and reducing the risk of stockouts or excess inventory.