Retail Inventory Management Systems

Monitor Inventory & Reduce Loss

Get the right stock onto the sales floor when you need it and decrease theft with real-time tracking.

Manage the Assets that Enable Your Sales

Keep track of store and warehouse equipment – from registers to shelving units – using RedBeam to locate and assign assets.

Streamline Accounting Compliance

Make it easier to meet tax and financial requirements with automated fixed asset tracking and reporting.

USE CASES

How Retailers Use RedBeam

Take the guesswork out of tracking inventory

Retailers lose sales every day due to stockouts and misplaced inventory. Slow, error-prone, manual inventory tracking adds to the problem, making it harder to keep shelves stocked and customers happy. RedBeam RFID automates inventory tracking to eliminate stock uncertainty.

Never lose sight of your inventory – Use fixed and handheld RFID readers to know where each item is located, from your back room to your showroom.
Cut cycle counting time – Take inventories in minutes, not hours; instantly spot misplaced items; and maintain accurate stock counts with minimal disruption.
Stop shrink before it hits your bottom line – Monitor high-value and frequently stolen items in real time with RFID-enabled detection at store and warehouse exits.

Explore RedBeam RFID

Maximize retail equipment life cycles

Retail operations rely on a range of expensive equipment – from handheld scanners and checkout stations in stores to scales and forklifts in warehouses. RedBeam’s Asset Tracking solution gives you a unified platform that lets you monitor and manage your equipment to ensure you get the most use out of it.

Locate items in real time – See what equipment is already in use and what’s available across multiple locations with barcode and RFID tracking.
Prevent theft and loss – Know who’s using your equipment and when it’s due back, and increase accountability with real-time check in check out logs.
Schedule maintenance – Minimize downtime and keep critical store equipment running at peak performance by tracking maintenance schedules.

Explore Asset Tracking

Stop overspending in your stock room

Managing in-store supplies – like cleaning products and receipt paper – with only a spreadsheet or paper log is inefficient. It can lead to inaccurate counts and ordering more than you really need. RedBeam helps you monitor and manage supplies so you always know exactly what you have and where it’s located.

Prevent disruptive stockouts – Avoid depleted stock and rush resupply orders with real-time visibility of consumable inventory.
Help staff find supplies fast – Keep workers focused on customers with a centralized system for quickly replenishing items like shopping bags and promo cards.
Rein in supply spending – Cut unnecessary purchases and wasted stock by tracking usage and expiration dates to enable first-in, first-out (FIFO) processes.

Explore Inventory Tracking

Get a Demo All Use Cases

Retail Inventory Management Features

Asset Tracking

Mobile Optimized

Give staff mobile access to manage assets, locate stock, and transfer items between stores – instantly, from anywhere – using a smartphone, tablet, or RFID-enabled mobile device

Custom Data Fields

Enter and track store-specific data, including things like high-theft inventory, promotional display asset locations, and seasonal equipment assignments.

Store & Forward Functionality

Don’t let inconsistent or low connectivity throw off your productivity. RedBeam enables you to update records even during network outages, seamlessly syncing your data when service returns.

Check In Check Out

Make sure valuable retail equipment like POS devices and scanners aren’t hoarded or forgotten about. Track equipment assignments and return dates across all your store and warehouse locations.

Explore

Audit Compliance Reporting

Pull accurate fixed asset histories for calculating depreciation and complying with state and local tax laws, Generally Accepted Accounting Principles (GAAP), and Sarbanes-Oxley (SOX) requirements.

Explore

Label Creation

Design and print store-specific barcode tags for tracking everything from signage to laptops, surveillance cameras, chairs, tables, and even delivery trucks.

Explore

Explore Asset Tracking

Inventory Tracking

RedBeam RFID

Mobile RFID Tracking

Quickly locate high-value assets and find misshelved inventory items with less manual effort using a handheld reader and RedBeam RFID. Speed up inventory audits with efficient bulk scanning.

Explore

Fixed RFID Reader Management

Reduce shrink and improve inventory accuracy by optimizing RFID reader placement and power to track merchandise movement from stockroom to checkout.

Explore

Tag Encoding

Encode your own RFID tags, or update your merchandise suppliers’ pre-encoded tags. Embed product details like SKU, size, and category, and integrate the data with your POS and inventory management systems.

Explore

Geolocationing

Pinpoint the locations of specific trailers in your yard – even when there are no signs or predefined trailer locations – and provide this data to your YMS.

Track & Trace

Reduce shrink, improve replenishment, and always ensure you’re audit-ready by maintaining real-time and historical logs of inventory movements throughout your retail location.

Event-based Workflows

Trigger stockroom or security alerts when RFID-tagged inventory enters or exits a designated area, when high-value products move unexpectedly, or when stock levels drop below a set threshold.

Explore

Explore RedBeam RFID

Retail Inventory Management FAQs

How is asset tracking different from inventory tracking in retail?

Asset tracking and inventory tracking – both as general topics and as specific RedBeam tracking solutions – each play an important role in retail operations but they focus on different needs.

Purpose:

RedBeam Asset Tracking helps you monitor the fixed assets – items like store fixtures, IT equipment, and tools – that you use internally to keep operations running smoothly.
RedBeam Inventory Tracking helps you monitor stock levels of your in-store supplies and other items that get used up and replaced frequently.

Item Types:

Assets are durable items that stay within your business, like registers, shelving, or security equipment, that support your store operations.
Inventory can refer to saleable products like clothing and electronics or the consumable supplies you use to run your business.

Tracking Focus:

RedBeam Asset Tracking tracks detailed information for each item, such as location, condition, and maintenance needs. For example, keeping track of when store equipment needs servicing. All capabilities are enabled with barcodes and optional mobile RFID technology.
RedBeam Inventory Tracking focuses on stock quantities, reorder points, and turnover rates to ensure you always have the items you need to enable sales. All capabilities are enabled with barcodes and optional mobile RFID technology.

Goals:

RedBeam Asset Tracking ensures your store equipment is easy to locate, stays well-maintained, and supports your daily operations efficiently. Because it uses barcode labels and/or RFID tags, it speeds up asset audits and increases accuracy by reducing the manual effort involved.
RedBeam Inventory Tracking balances stock levels to make sure you have what you need without overstocking or running out of critical supplies. By scanning items’ barcodes or reading their RFID tags, staff are able to locate what they need and take and manage inventories much faster.

It’s also worth noting that our third product, RedBeam RFID, is a robust, fully automated asset and inventory tracking solution. It incorporates both fixed and mobile RFID technology and is focused on enabling you to track your saleable inventory from the moment you receive it into your back room or warehouse to the minute it exits your store. For a deeper dive, visit our RedBeam RFID for retail use case page.

Can RedBeam support large retail chains?

Yes. RedBeam is designed to scale with your business, whether you operate a single store or a multi-location chain. Our solution lets you:

Customize tracking fields for store-specific asset and inventory needs.
Manage multiple locations with a centralized cloud-based platform.
Optimize logistics and inventory replenishment with automated tracking.

How does RedBeam improve retail loss prevention?

RedBeam strengthens loss prevention by:

Tracking asset checkouts to ensure accountability for mobile devices, scanners, and high-theft items.
Securing stockrooms with RFID-based access control.
Providing real-time alerts for unauthorized asset movements.

Does this software support full asset lifecycle management?

Yes, RedBeam supports tracking from acquisition to disposal, including:

Depreciation calculations for financial reporting.
Scheduled maintenance tracking for high-value retail assets.
Automated asset disposal documentation.

RETAIL INVENTORY MANAGEMENT

Bring Item-Level Visibility to Your Stores

Monitor Inventory & Reduce Loss

Manage the Assets that Enable Your Sales

Streamline Accounting Compliance

Calculate the value of item visibility in retail

Lost to inventory distortion

Customer shipments delayed

Inventory costs saved

How Retailers Use RedBeam

Automated Tracking

Equipment Tracking

Supply Tracking

Take the guesswork out of tracking inventory

Maximize retail equipment life cycles

Stop overspending in your stock room