This article outlines the top 5 reasons why our clients have chosen Archean as their stock solution.
At the core of every retailer’s business lies the essential aspect of monitoring and managing stock. It’s imperative for businesses to have adaptable control over stock in all conditions, ensuring a fundamental retail requirement of knowing the actual available stock for sale. Archean from us at Retail247 goes above and beyond to provide this capability, as well as additional features. The top 5 reasons why our clients have chosen Archean as their stock solution are as follows…
1 – Real-time view of stock
Archean puts the emphasis on a real-time, single view of stock. Unless you can rely on a stock position that reflects on the most up-to-date position possible, all stock dependent transactions become, at best, a ‘fingers crossed’ exercise. Archean, our stock solution, can define multiple stock states, either maintained or calculated, that can be used to address a variety of business needs. Our clients use stock states to logically segment stock by channel, but manage a single, physical stock pool in their DCs. Complete flexibility means stock process needs can be defined, controlled and made visible in Archean.
2 – Archean is a stock solution that saves time
Archean Move, the module for stock movement transaction creation, went live in all 97 Crew Clothing stores in October 2023. In just days, the stock solution demonstrated that it effectively reduces the time required for stock receipting by 70%. This allows shop-floor teams to focus on other aspects of their role.
“Archean stock solution saves us so much time alongside improving stock accuracy. It’s a simple platform which is really user-friendly, and I’ve trained the whole team without issue.” – Store Manager, Crew Clothing Beaconsfield
3 – A stock solution that enables retailers to deliver their customer promise
If a retailer’s stock is only 70% accurate, 3 out of 10 customers will be disappointed. With Archean, a retailer’s stock is never out of date, meaning customers will never be left dissatisfied after an order isn’t fulfilled, or making the journey to their local store only to realise the product they wanted to buy was never available in the first place.
4 – Customisable and flexible stock solution
Archean is used by each of our clients in varying ways. By ensuring our stock solution is modular in its approach, our customers can select which elements of Archean they want to deploy. Archean modules include:
- Archean Core – designed to deal with high volumes of stock data and rapidly consume stock affecting transactions
- Archean Move – designed to be deployed in stores as the store’s single portal for stock activity
- Archean RFID – our solution for store-based RFID counting
- Archean Demand – brings replenishment determination to Archean
- Archean Count – delivers a solution for traditional, barcode based stock takes
- Archean Orchestrate – delivers full Order Management capability to Archean
5 – Enables legacy environments
Archean acts as a facilitating layer over complex legacy environments. Overhauling a retailer’s entire technological infrastructure is a costly, risky and lengthy task, so instead our stock solution enhances legacy technology. This enables the rapid deployment of new solutions and services, without disrupting a retailer’s existing infrastructure.
To learn more about Archean, and how Crew Clothing use it, watch the video below or get in touch by emailing info@retail247.com.
