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With new applications on the horizon, AI is set to play an ever growing role in improving not only customer experience, but also store efficiency and operations. From warehouses to in-store customer service, robots are increasingly being used to streamline operations and improve efficiencies. Payment systems evolution.
While autonomous stores and technological innovation are high on the retail agenda, the infrastructure and operational efforts that enable them aren’t often given the same broad attention. Grocery retail is rooted in a traditional brick-and-mortar business model, with many longstanding and comprehensive internal processes.
One retailer has recently come under scrutiny for its automated payment technologies across storefronts, leading experts and consumers to question just how intelligent their smart stores are. And a grocer has dealt with mixed reviews from consumers, employers and the media since the 2019 launch of its fleet of robots that roam storefronts.
Rapid delivery services are changing the convenience store landscape by adding even more options for hungry shoppers to stock up on what they need on their own schedules. Foxtrot is taking its own approach to the rapid delivery market by embracing a fully omnichannel operation.
Although self-service checkouts were first introduced in 1986 , they are still far from perfect. University of Leicester’s Adrian Beck, a retail finance expert, estimates that moving half or more of transactions to self-service pushes losses 77% higher. It makes sense that grocers might not be sure which way to jump.
From frictionless checkout to seamless ERP integrations, to built-in promotions, loyalty, and inventorymanagement – a sophisticated Grocery POS offers everything a modern-day retailer needs to deliver convenience to their customers. Shoppers are ‘ prioritising convenience and safety above all else’ reports The Grocer.
Competition across the board has ramped up for Ocado, with most UK grocers now delivering direct to consumers’ houses not just through their own online services but speedy tie-ups with the likes of Deliveroo and Just Eat. M&S chief executive Stuart Machin said the “binary” performance-based payment was not met.
Being busy is great, but it is also the time that any inefficiencies, or shortcomings in operational procedures are really going to show. iVend’s Retail Management Solution iVend helps supermarkets run efficiently at any time of year. Read about how we help streamline supermarket operations.
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