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IoT in Retail: Top 5 Use Cases and Real-Life Examples

Retail TouchPoints

This article explores popular and non-trivial use cases and examples of how IoT tech can help retail companies. IoT solutions enable retail stores to monitor and manage their equipment, including HVAC systems and refrigerators. Inventory management. Predictive equipment maintenance.

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How Edge Computing Enables the Retail Store of the Future

Retail TouchPoints

Technology — specifically edge computing — provides the foundation for a better customer experience, real-time inventory management, enhanced security and loss prevention and in-store analytics. Sensors, such as RFID tags, are attached to each product and communicate immediately when an item leaves the shelf.

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Asset Tagging: Unlocking Organisational Efficiency & Cost Savings

CJ Retail Solutions

Introduction: Unlocking Efficiency Through Asset Tagging In the fast-paced landscape of today’s businesses, where technological advancements continue to redefine operational paradigms, the need for efficient asset management has never been more critical. Significance of Efficient Asset Management B. Introduction A.

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5 Inventory Costing Methods to Consider When Valuing Your Stock

Retail Times

How much have you spent on your current inventory? How much did you spend on inventory that you’ve already sold? These are some of the most critical things retailers should be asking, and believe it or not, there is no one “right” answer to these questions, because of the various inventory costing methods out there.

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