<!-- canonical: https://www.trendhunter.com/trends/nedap -->
<!-- robots: noindex -->

# Smart Retail Inventory Tools
Puma Partners with Nedap to Roll-Out Omnichannel Inventory Solution

By Niko Pajkovic | Published 2022-11-08 | Business
Source: Trend Hunter, https://www.trendhunter.com/trends/nedap
References: [retailcustomerexperience](https://www.retailcustomerexperience.com/news/puma-partners-with-nedap-on-inventory-strategy/) & [puma](http://puma.com)

![Smart Retail Inventory Tools](https://cdn.trendhunterstatic.com/thumbs/492/nedap.jpeg)

Clothing retailer [Puma North America](https://www.trendhunter.com/trends/the-sports-edit-on-ms) has partnered with Dutch technology company [Nedap](https://www.trendhunter.com/trends/isensego) to integrate the company's 'Nedap RFID' technology into its inventory management processes.

According to a press release, the deployment of the iD Cloud platform will reach 135 Puma retail outlets and will offer operators a quick and accurate way to count stock. In addition, the omnichannel solution will deliver effective replenishment features, smart refill suggestions, and data-driven metrics for loss prevention.

"RFID technology is already creating a seamless brand experience for [Puma NA](https://www.trendhunter.com/trends/pampuma-bioverse) across all consumer touchpoints, with stock visibility a key enabler for product availability as well as circular services, which has allowed Puma NA to achieve 2% uplift in replenishment and 2% uplift in sales," said Russ Kahn, SVP, North America retail at Puma.

Image Credit: Unsplash

## Trend Insights (Trend Hunter)

- Score: 5.6/10
- Popularity: 74% | Activity: 81% | Freshness: 13%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: North America, Europe

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) > [Retail](https://www.trendhunter.com/retail)

## Key Themes

### What Makes This Trend Stand Out

- **Omnichannel Inventory Solutions:** The partnership between Puma and Nedap showcases the potential for integrating inventory management with omnichannel strategies, creating opportunities for other retailers to follow suit.
- **RFID Technology for Stock Visibility:** Puma's use of RFID technology has resulted in notable sales and replenishment uplift, presenting an opportunity for other retailers to adopt this technology to optimize inventory management and customer experience.
- **Data-driven Metrics for Loss Prevention:** The iD Cloud platform offers data-driven metrics that can help retailers prevent losses, presenting an opportunity to develop predictive algorithms and AI-driven solutions to further enhance this capability.

### Sectors Adopting This

- **Retail Industry:** The adoption of smart inventory management tools, such as RFID technology and data-driven metrics, can improve customer experience and optimize sales for retailers.
- **Technology Industry:** Companies specializing in RFID technology, inventory management, and AI-driven solutions can partner with retailers to provide innovative tools that enhance inventory management and loss prevention.
- **Logistics Industry:** The integration of smart inventory management tools with omnichannel strategies presents an opportunity for logistics companies to offer end-to-end solutions for retailers looking to optimize their supply chain management.

## Related on Trend Hunter

- [Enhanced In-Store Inventory Management](https://www.trendhunter.com/trends/instore-inventory-management.md)
- [Retail Checkout Solutions](https://www.trendhunter.com/trends/isensego.md)
- [AI Retail Wearables](https://www.trendhunter.com/trends/augmodo-smartbadges.md)
- [Automated Inventory Replenishment Features](https://www.trendhunter.com/trends/automated-inventory-replenishment.md)
- [AI-Powered Inventory Availability Platforms](https://www.trendhunter.com/trends/inventory-availability-platform.md)
- [AI-Augmented Retail Checkouts](https://www.trendhunter.com/trends/retail-checkout.md)
- [Real-Time Shelf Scanning Solutions](https://www.trendhunter.com/trends/scandit.md)
- [Retail-Forward AI Tools](https://www.trendhunter.com/trends/piconext.md)
- [Loss Prevention AI Checkouts](https://www.trendhunter.com/trends/vynamic.md)
