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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. from 2021 to 2030, and that 77% of the devices we already use feature one form of AI or another.

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Health crisis: what impact on supply management in points of sale?

M19 Retail

The health crisis is accelerating the transformation of physical points of sale. The adaptation of point of sale networks to the health crisis takes several forms, depending on the brand. Health crisis: what impact on supply management in points of sale? appeared first on Mi9 Retail.

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How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

According to the National Retail Security Survey released by the National Retail Federation (NRF), vanishing inventory contributed to $112 billion in losses last year alone — up significantly from $93.9 billion in 2021.

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The POS top five – the ‘must-haves’ for a perfect POS

I Vend

A point of sale (POS) system is the nerve centre of any retail operation. It performs the core functions in the store – managing the customer transactions that enable you to trade and taking the payments that make up your revenue. iVend Point of Sale (POS) iVend are leading experts in retail point of sale.

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How can a retail management system help retailers become efficient, save costs and make them ready for the holiday season

I Vend

Read more But on the other hand, whilst sales may be up in dollar terms, inflation will rein in increases in sales order volumes. Retail consultancy GlobalData predicts that sales value will be up by 6.6% – a lower level of growth than we saw in 2021, when stimulus payments were still fuelling spending.

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Is unified commerce the new holy grail?

Inside Retail

Unified commerce is the new holy grail for retailers, promising previously unheard-of levels of customer insights and control over all elements of sales and inventory management. Smarter inventory management enabled by unified commerce allows stores to resell the item or return it to the warehouse.

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Vitamin Shoppe CEO Sharon Leite Went Undercover in Her Stores. Here’s What She Learned.

Retail TouchPoints

The episode was shot in early 2021 and aired on Jan. million on inventory management solutions; $1.2 Studio Lambert ©2021 CBS Broadcasting, Inc. Studio Lambert ©2021 CBS Broadcasting, Inc. We also launched a new system, Relex , for inventory management.