Inventory visibility is knowing how much inventory you have, what type of products you're storing and where it is located.

1. WAYS TO IMPROVE YOUR INVENTORY VISIBILITY
ACROSS ALL CHANNELS, INCLUDING BOPIS*
Use enterprise
resource planning
(ERP) software to help
track inventory and
manage your
supply chain.
Use scannable
barcode labels on
all products.
Use a warehouse
management system
(WMS) to establish
bin-level inventory
controls.
Integrate your
inventory
management with
your CRM and
order systems.
Use GPS technology
to track inventory
while in-transit.
Use RFID (Radio
Frequency
Identification)
labels and tags to
track inventory
using a radio
frequency reader.
*Buy Online Pick up In Store
THE IMPORTANCE OF BETTER
INVENTORY VISIBILITY
Inventory visibility is knowing how much
inventory you have, what type of products
you’re storing and where it is located.
ASPECTS OF INVENTORY VISIBILITY
Where is your inventory? It could be
in any of the following locations:
Inventory visibility helps you keep track of your
products across the various steps in the supply chain
COMPANY WAREHOUSES
DISTRIBUTION AND
FULFILLMENT CENTERS
IN-TRANSIT
STORES
zipinventory.com/en/supply-chain-strategy/product-availability.html
www.optiproerp.com/blog/5-ways-erp-improves-inventory-visibility-in-your-supply-chain/
www.scmr.com/article/6_ways_to_improve_your_inventory_management_right_now
www.spscommerce.com/blog/automated-inventory-updates-3pl-visibility/
www.industryweek.com/supply-chain/inventory-management/article/21957774/inventory-optimiza-
tion-five-steps-to-improve-process-effectiveness
www.unleashedsoftware.com/blog/5-tips-to-improve-omnichannel-inventory-management
lowrysolutions.com/blog/how-inventory-visibility-creates-an-efficient-supply-chain/
43% of small businesses track
inventory manually or not at all1
The typical retail business’ accuracy
of inventory is 63%1
One-third of businesses have had
to ship orders late because they sold
out-of-stock products1
Inventory distortion costs businesses
more than $1.1 trillion dollars1
Out-of-stock product is the third
leading cause of abandoned online
shopping carts2
Two-thirds of businesses struggle with inventory visibility3
1www.conveyco.com/inventory-statistics
2www.kibocommerce.com/blog/real-time-inventory-visibility-fulfillment
3www.legacyscs.com/supply-chain-node-inventory-visibility