Remove articles tags Retail Supply Chain
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IoT in Retail: Top 5 Use Cases and Real-Life Examples

Retail TouchPoints

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. According to Grand View Research , the global IoT retail market was valued at $42.38 billion in 2022 and is expected to grow at a CAGR of 28.4%

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Nordstrom Issues Supplier Mandate for RFID Tagging

Retail TouchPoints

Nordstrom has joined other retailers in mandating the application of RFID tags to the products it sells in its stores. The mandate follows other RFID adoption efforts, including those by Walmart ( Walmart Re-Commits to RFID , Walmart Tries RFID Again and New Education Program for Suppliers Facing RFID Tagging Mandates ).

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How Edge Computing Enables the Retail Store of the Future

Retail TouchPoints

The past few years have been a rollercoaster ride for the retail industry. The pandemic and related supply chain disruptions led to shuttered storefronts and rampant bankruptcies. A survey from this year’s World Retail Congress suggests that the uncertain times aren’t over for the industry.

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In the News: ARPA and Restaurant Grants From $250 to $50K Available Now

Small Biz Trends

Take a look at what is available: If you run a food service business, there are a number of grants available now offering anywhere from $250 to $100K. This includes paying for electric and water costs, structural improvements, helping with management classes, and more. Small Business News October 21, 2022. He received his Ph.D.

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The Impact of Sustainability in Shaping Retail

Retail Next

In his article, “ Sustainability and the consumer in 2019 ,” Duncan Baizley painted a very clear (and research-based) picture of how consumers see corporate sustainability, noting that brands will need to move beyond messaging and rather token-like gestures and embrace real, systemic change. Supply chains.

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Avoiding Stockouts: 5 Preventable Causes of Out-of-Stocks and What to Do About Them

Retail Times

Stockouts almost always make it to the “worst nightmare” lists of retailers, and for good reason. Between shipment variances, misplaced products, returns, and stolen goods, retailers find that the inventory numbers they have on paper (or on screen) often don’t match what they have in their stores. Inaccurate data. Dealing with theft?

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AI in Retail: Optimizing Operations from Supply Chains to Employee Scheduling

Retail TouchPoints

Editor’s note: This is the fourth article in our series on AI in retail. Be on the lookout for the fifth article, which will cover the many still-unanswered questions around AI’s present and future. Can AI-Powered Supply Chains Autonomously Find and Fix Problems?