Retailers Scan for Efficient Inventory Solutions New technologies are making the task of taking inventory faster, easier, and more accurate. Some clothing brands are integrating RFID tags into their products to improve inventory, monitor marketing efforts, and protect against theft and counterfeiting.
Bars Add a Twist of AI for Better Beverage Inventory Control Software companies are using artificial intelligence and machine learning algorithms to simplify and automate the beverage inventory process for bars and restaurants. The new apps make inventory fast, easy, and more accurate, cutting labor and operational costs in the process.
RFID and IoT Are on the Same Wavelength: Creating Retail Efficiencies Artificial intelligence and computer vision are changing how retail stores use RFID. Brick-and-mortar stores are using the technology to create touchpoints with customers, increasing sales while decreasing interaction with employees.
AI-powered Digital Price Tags Help Retailers Sell More, Waste Less Retailers are starting to use dynamic digital pricing to move products off the shelf and into the bag. The AI-based systems enable sustainable shopping by enticing customers to buy products before they spoil, reducing waste and improving profits.
IoT Solutions Aim to Support Urgent Retail Industry Needs As the holiday season ramps up, retail stores prepare for a pandemic-safe return to in-person shopping. Prioritizing consumer safety and inventory management will result in satisfied customers this season.
Smart Shelf Tech Enhances Retail Sales and Eases Inventory Management Even the most mundane tasks such as grocery shopping are getting a boost from IoT technologies. While consumers benefit from targeted marketing and contactless interactions, retailers can increase profits with data-driven insights regarding purchasing patterns and inventory management.
How Three IoT Innovators Are Helping Mitigate Lost Retail Revenue Retailers are moving toward a fundamental shift in inventory management: getting rid of slow, manual checks in favor of fast, automated recognition and response.