RFID reader

Whitepaper

A new definition for stock accuracy

In retail stores, accurate stock information at all times is key to guarantee that products are available at the right store at the right time. The quality of a retailer’s stock information is often expressed as a percentage: stock accuracy. Does this number represent product (un)availability?

Topics

In this whitepaper we will deep dive into:

  1. Analysis of “stock accuracy”
  2. existing methods to calculate stock accuracy
  3. A new definition to calculate the stock accuracy that suits the retail sector