Webinar: Internet of Things in the Retail Sector

Today’s changing digital retail trends have raised the consumer demand stakes. Supply chain visibility, inventory accuracy, data sharing improvements and product traceability contribute to a more efficient, agile retail operation. Track and trace technologies, like barcoding and EPC-enabled item level RFID tagging, can help retail trading partners achieve end-to-end supply chain visibility, but these technologies are just the tip of the Internet of Things (IoT) iceberg.

IoT has the potential to help retail trading partners raise omni-channel conversions and streamline order fulfillments. Its adoption in retail will help reduce out-of-stocks, lower inventory costs, raise productivity, decrease operating costs, optimize floor/shelf layout, and improve customer experience; but it will also stimulate the need to develop and adopt new business processes. The effect will be widespread—across the entire retail value chain—as it helps to provide better inventory visibility.

This free, on-demand is intended to help you help learn about the latest advancements in omni-channel strategy and technology.

Source: GS 1 – Internet of Things