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What is Artificial Intelligence, and How Does it Impact Your Point-of-Sale?

Star Miconics

But while those things are still in the realm of science fiction, AI has become increasingly engrained in the modern technology we now use every day, from our smartphones to our point-of-sale (POS) systems. AI helps consumers and workers streamline their activities and increase productivity. But what is artificial intelligence?

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How Woolies is using 2D barcodes to increase sales and transparency

Inside Retail

There are also other supply chain benefits for businesses including improved inventory management, recall readiness, sustainability, ethical sourcing and product authentication. Their journey began in 2017 with just loose produce. “At

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How to Deliver a Flawless In-Store Customer Experience

Independent Retailer

RFID is rapidly gaining implementation within the retail sector and is a key technology applied to aid business operations by improving inventory management and stock visibility as the foundation of adoption. The most common area in-store that retailers focus on to improve customer engagement is at the Point of Sale (POS).

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How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

Optimize inventory management: Like damaged products and shipping errors, theft can negatively impact retail inventory management. Aaron Stamm is a Retail Consultant at Acuity , which he joined in 2017, bringing with him more than 35 years of experience in a broad range of retail.

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IoT Will Transform the Retail Industry: Here’s How

Retail Next

As per a report from Global Market Insights , IoT in the retail segment is expected to grow 21 percent from 2017 to 2024. IoT takes inventory management and demand-supply planning to the next level. RFID enables the precise tracking of products throughout the supply chain – right from production to the point of sale.

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The Future of Retail in the New Era of Risk

Retail Prophet

In 2020, for example, the Australian Strategic Policy Institute for example, “identified 27 factories in nine Chinese provinces that are using Uyghur labour transferred from Xinjiang since 2017” In all, 87 well known international brands were identified in the report as (wittingly or unwittingly) using these factories for production.