REAL-TIME VISIBILITY ON YOUR INVENTORY FLEET

VerifyBrand’s Inventory Tracking solution provides real-time visibility on the inventory flow, levels and geolocation of your assets. The solution provides visibility on where your products are in real time and when your assets will arrive at a specific node in the supply chain. It sends you notifications of anomalies or delays to minimize impact on on-time deliveries and costs.

This solution covers all the traceability requirements you may need to have complete visibility on your supply chain from farm to point of export or manufacturing facilities.

The solution can even capture, monitor and empower data such as demographics, product and field information, infrastructure, productivity, traceability, certification and more.

It can be implemented as a stand-alone solution or provide an additional layer of inventory management (SAP, ERP).

HOW THIS SOLUTION CAN HELP YOUR BUSINESS

Gain Visibility on Product Flow/Inventory
Increase Inventory Turnover, Agility and Accuracy
Improve Product Return Management
Enable Advanced Demand Planning
Improve FIFO x FEFO Management
Enable Accurate Inventory Forecasting
Reduce Risk of Shortages or Spare Volume
Minimize Excess and Obsolete Inventory
Prevent Transportation Delays
Replace Manual Data Entry Processes
Increase On-Time Delivery
Obtain a Consolidated View from Numerous Data Sources in One User Interface

HOW IT WORKS

We digitized, captured and empowered traceability data from inventory levels, logistics and movement throughout the supply chain. The history of each product within the inventory is digitized and combined with the aggregation of the parent-child relationship data to improve forecasting and management of expiring products, increase inventory accuracy and decrease costs.

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KEY FEATURES

Modular and scalable approach
We connect and quarterback your ERP system (SAP, MES, WMS, etc.)
Connect with multiple data sources with query capabilities
Intuitive and user-friendly with a configurable interface
Alert systems with customized dashboards
AI-powered predictive inventory forecasting
Real-time data processing to constantly enable proactivity versus reactivity
Ability to capture data through 2D, 1D, RFID, IoT
Carbon footprint assessment by product (optional)
Tracking of physical assets and transactions
Meets regulatory requirements and GS1 standards
Secure platform with controlled user access
Data integrity: incoming source from trusted contributors

SOLUTION OPTIONS CAN BE COMBINED OR STAND ALONE

INVENTORY VISIBILITY

Gain real-time inventory visibility at every step of your supply chain

Digitize your paperwork
Reduce Excel usage

OPTIMIZED INVENTORY MANAGEMENT

Improve and optimize your inventory management practices with data empowerment for:

Real-time visibility on product flow, inventory levels and geolocation
Stock rotation methods (FIRST IN/FIRST OUT, FIRST EXPIRED/FIRST OUT)
Accurate inventory material costing
Configurable to your Inventory KPIs, enabling creation alarms (accuracy, safety stock, reorder point, turnover ratios, excess and obsolete, etc.)

INVENTORY CONTROL

Supply chain anomaly detection:

Supply chain diversion
Precise call to action (aligned action priority)

ADVANCED OPTIONS

The Inventory GeoTracking solution can be easily scaled to other modules to add value for your business.

DISRUPTIVE AI

Add inventory planning powered by artificial intelligence to the Inventory GeoTracking solution for optimal efficiency.

AI-based platform for demand planning and supply chain optimization
Machine-learning capabilities
Balance supply and demand, and optimize inventory levels with improved measurements such as increased OTD, decreased costs, improved gross margin and EBITDA