SafetyCulture
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Workplace operations platform

Retail Inventory Management

Enhance inventory tracking and audit workflows, integrate across all existing sales channels, and leverage advanced analytics to optimize stock levels.

Two managers performing checks using retail inventory management software

SafetyCulture has helped businesses around the world achieve

50%

improved efficiency in training*
60%

increased audit efficiency*
49%

savings from safety & compliance improvements*

*Reported in Forrester’s study: The Total Economic Impact™ of SafetyCulture’s Operations Platform

Maintain brand standard

Deliver a great retail experience consistently by streamlining processes across all branches. Digitize brand standard assessments and training courses to communicate changes to operating procedures, visual merchandising, promotions, and more.

“Getting SafetyCulture platform out to 760+ shops, with so many employees was surprisingly easy. It’s not often you get that in a rollout of this magnitude. We rolled it out in a matter of weeks.“

Simon McBurney
Senior Delivery Analyst, Coles Supermarket

Minimize stock loss

Shop theft, damaged goods, and inventory stock discrepancies can result in money down the drain. Use data from completed inspections, reported issues, and sensors to spot trends, monitor inventory levels, and compare performance across stores so you can put the right measures in place.

“Now we have clear evidence that our procedures really work. When compliance is low, we see more stock loss. It’s hard to argue with that data in front of you.”

Ben Deeks
Head of Retail Profit Protection for JD Sports

Enhance inventory tracking and auditing processes

Use RFID scanners or barcode systems to streamline cycle counts and full-scale inventory audits to reduce errors and save time. Identify shrinkage, theft, or discrepancies early to maintain accurate stock records. Implement lot and batch tracking for traceability to ensure compliance and quality control.

Enable multi-channel inventory synchronization

Seamlessly integrate inventory data across all sales channels, from e-commerce to brick-and-mortar stores. Monitor and track real-time updates to prevent overselling and backorders to boost customer confidence. Enhance coordination across warehouses and retail locations and eliminate data silos with a centralized inventory system.

Optimize stock levels by deploying advanced analytics

Empower managers to make proactive and informed decisions with advanced reporting tools. Leverage analytics to maximize profitability by forecasting demand, identifying slow-moving products, and optimizing stock levels. Detect potential stockouts before they impact sales, aligning product availability with customer expectations.

Drive improvement across your stores

Real-Time Inventory Tracking

Automated Stock Replenishment Workflow

Omnichannel Inventory Synchronization

Centralized Inventory Data Management

Automated Purchase Order Creation

Warehouse Management & Optimization

Lot & Batch Traceability

Integration with E-Commerce Platforms

IoT-Enabled Inventory Monitoring

Third-Party Vendor Management

Inventory Control

Audits & Inspections

Improve customer satisfaction today

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Explore retail resources & solutions

EHS

Health & Safety Management

Keep teams safe on the job while promoting a safety culture across your organization

GRC

Risk & Compliance

Identify, evaluate and mitigate risks to your teams and assets through greater visibility and a data-driven approach.

Quality

Operational Excellence

Optimize processes and drive productivity, greater efficiencies and quality products or services at scale.

ESG

Environment & Sustainability

Digitize SOP’s, reduce waste and adapt sustainability best practices the moment conditions change.

Explore retail resources & solutions

Template

Supply Chain Management Checklists

Use these supply chain management checklists to help you effectively address issues and ensure operational excellence.

Template

Warehouse Receiving Process Checklists

Conduct seamless warehouse receiving inspections using digital checklists and templates.

Template

Inventory Audit Checklist

Manage your inventories and ensure the quality of your items with effective audits and a smart checklist.

Article

Retail Inventory Management

Learn the basics of retail inventory management and tools to utilize for a better system.

Article

Retail Management

Know more about the basics of retail management, the responsibilities and skills of retail managers, and how retailers can optimize operations with best practices.

Article

Retail Audit

Learn more about retail audits, their importance to retail management, and the best ways to conduct your own.

See how SafetyCulture can help your retail business

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Frequently Asked Questions

Retail stores keep track of inventory using a combination of manual stock counts and retail inventory management software. These processes provide real-time visibility into stock levels, movement, and sales data across locations. By integrating Point-of-Sale (POS) systems, they automate updates to inventory records, reducing errors and enabling efficient tracking and replenishment.

Retail inventory management software simplifies stock-keeping units (SKUs) by offering tools to assign unique product identifiers. It categorizes items based on attributes like type, size, or brand, ensuring seamless organization. Advanced systems also allow bulk SKU updates and detailed analytics, making tracking inventory performance easy and streamlining restocking or forecasting efforts.

Retail inventory management systems detect discrepancies by comparing real-time stock data with periodic audits. Features like alerts for unusual stock movements and shrinkage analytics help managers identify anomalies. Integration with security tools and user access controls helps deter theft. These proactive measures ensure data accuracy, reduce losses, and improve inventory accountability.

Retail inventory management tools often offer high levels of customization, allowing businesses to tailor workflows to specific needs. Features like adjustable replenishment rules, custom reporting templates, and flexible integration options ensure alignment with unique retail operations. Many software applications include the Application Programming Interface (API), which enables seamless adaptation to evolving business demands.

Retail inventory management software automates purchase orders by analyzing stock levels, sales trends, and supplier lead times. It generates orders automatically when thresholds are met, reducing manual workload and ensuring timely replenishment. Additionally, it tracks order status, supplier performance, and cost details–streamlining procurement processes and minimizing stockouts or overstocking issues.