The days of workers roaming around the warehouse with a scanner gun are over at GNC’s distribution centers. The health and wellness retailer is tapping cutting-edge drone technology from Corvus Robotics to automate and speed up inventory tracking. Also known as a cycle count, this essential back-end operation is how retailers verify the quality and quantity of the physical goods in their warehouses. In the past, workers did this manually, and the process could be slow, labor intensive, and error prone. In theory, warehouse management systems (WMS) should provide accurate inventory information based on their record of what has come in and out of the facility, but in reality there is a significant margin of error. According to a report from the Auburn University RFID Lab, the average inventory accuracy rate among US retailers is around 65%, meaning more than a third of their data is incorrect. The challenge is that cycle counts take time and manpower, and for GNC it was hard to keep up under the old system. “Our goal was to count it once a quarter,” Bill Monk, VP of distribution at GNC, told Retail Brew. “Some quarters we achieved that. Some quarters we did not.” Keep reading here.—AV |