The Problem
Retail chains with 10-100 locations often outgrow basic spreadsheet-based inventory tracking but can't justify the cost of enterprise ERP systems. They face constant stockouts, overstock waste, and zero visibility into what's happening across locations in real time.
The Solution
ShelfWise provides enterprise-grade inventory intelligence at a fraction of the cost. It connects to existing POS systems, learns sales patterns, and automatically maintains optimal stock levels — so shelves are never empty and warehouses never overflowing.
Key Features
- Real-Time Inventory: Unified view of stock across all locations, warehouses, and in-transit inventory — updated in real time via POS integrations
- Demand Forecasting: ML models analyze 2+ years of sales data, seasonality, weather, local events, and promotions to predict demand per SKU per location
- Auto-Reorder: When stock dips below calculated safety levels, purchase orders are automatically generated and sent to suppliers
- Transfer Optimization: Instead of ordering new stock, the system suggests inter-store transfers when one location has excess and another is running low
- Barcode & RFID: Mobile scanning app for receiving, cycle counts, and shelf audits — works with existing barcode and RFID infrastructure
- Expiry Management: Tracks product expiration dates, triggers markdowns before expiry, and generates waste reports
- Supplier Portal: Suppliers see incoming POs, confirm delivery dates, and submit invoices — reducing email back-and-forth
- Analytics: Stock turn rate, dead stock identification, gross margin return on investment (GMROI), and shrinkage tracking
Results
- Stockout incidents reduced by 60% within the first 3 months
- Overstock waste down 35% through better demand forecasting
- Manual ordering effort reduced by 80% with auto-reorder
- Full ROI achieved within 6 months for most customers