Retailers face digital challenges, IOT technology into a magic weapon
2017-06-22 09:19:11
With the popularity of mobile Internet and the increasingly blurred boundaries between physical and digital worlds, Internet of Things (IoT) technology is being used by the retail industry. The retail industry is moving in the direction of the whole channel, while IoT technology can drive productivity, efficiency, inventory visualization and customer satisfaction and other aspects of the upgrade. More and more retailers began to use intelligent devices and sensors to inject new vitality into the development of the business. And the use of Internet of Things technology for the shop and its back-end (that is, supply chain links) bring a lot of benefits.
Significant improvement in inventory issues
Retailers continue to open more physical stores and network platform, to further expand overseas markets, reduce supply chain inventory costs, real-time deployment of inventory category has become more urgent. RFID and data analysis technology advances enable retail employees and customers to remotely view retail inventories and track product shipping processes to improve business visibility and increase inventory accuracy to 95 percent.
Data analysis is the core of digital retailing
In the retail sector, increasing retailer layout sensor hardware and software collects a large amount of raw data generated by RFID tags, video and mobile devices, examines past performance through software review, and clarifies future improvements in business operations The Today, 58% of retailers are actively seeking budgets for large data solutions to store and analyze data generated by IoT products.
Technology does not wait for people
In the next few years, we will see the integration of physical stores and online stores. Retailers of all sizes will benefit from the improvement of automated identification technology: small "couples" can start with basic bar code scanners and printers; medium retailers can use mobile smart terminals for in-store inventory management; large retailers can use cloud-based Of the system to ensure the best operation of the supply chain.
The improvement in IOT technology will address the operational challenges facing retailers and create new opportunities to increase productivity and customer satisfaction, reduce costs and increase profitability. For the retail industry, an exciting new era is coming soon.
Significant improvement in inventory issues
Retailers continue to open more physical stores and network platform, to further expand overseas markets, reduce supply chain inventory costs, real-time deployment of inventory category has become more urgent. RFID and data analysis technology advances enable retail employees and customers to remotely view retail inventories and track product shipping processes to improve business visibility and increase inventory accuracy to 95 percent.
Data analysis is the core of digital retailing
In the retail sector, increasing retailer layout sensor hardware and software collects a large amount of raw data generated by RFID tags, video and mobile devices, examines past performance through software review, and clarifies future improvements in business operations The Today, 58% of retailers are actively seeking budgets for large data solutions to store and analyze data generated by IoT products.
Technology does not wait for people
In the next few years, we will see the integration of physical stores and online stores. Retailers of all sizes will benefit from the improvement of automated identification technology: small "couples" can start with basic bar code scanners and printers; medium retailers can use mobile smart terminals for in-store inventory management; large retailers can use cloud-based Of the system to ensure the best operation of the supply chain.
The improvement in IOT technology will address the operational challenges facing retailers and create new opportunities to increase productivity and customer satisfaction, reduce costs and increase profitability. For the retail industry, an exciting new era is coming soon.
