|Description||Scan Based Trading Facilitator|
iControl enables retailers and their vendors to transition from traditional inventory and payment arrangements to scan based trading (SBT).
iControl’s mission is to help retailers scan at optimal accuracy, and pay for sales accordingly. iControl’s goal is help our retail clients and their vendors realize the many benefits of scan-based-trading â€“ from reduction in handling to more rapid access to actionable data â€“ and to apply those benefits to grow sales, improve efficiency and boost profits for the entire supply chain.
The iControl system is designed to be collaborative â€“ as opposed to punitive â€“ towards vendors. Rather than foolishly pretending errors simply do not exist, the iControl system is designed to capture and analyze data from retailers and vendors. The system measures and evaluates terabytes of data encompassing every sale of every product at every store. The objective is to spot and rectify errors â€“ on either side â€“ in order to drive scanning accuracy as close as possible to 100%. It is only through this level of commitment that SBT can succeed long-term.