How Internet of Things (IoT) helps retail business



today businesses are evolving with technological advancements so does the retail industry for example beacon based contextual marketing platforms are given tough fights to an e-commerce business smart retail solutions simplify the path to new efficiencies cost-saving inventory accuracy smarter marketing and better customer experiences in fact there are now IOT centric systems which are helping retailers increase the efficiency of their operations the use of RFID tags by retailers to increase the efficiency of their supply chains is one of the most well known examples of early IOT adoption let's take another example of an IOT based inventory management system with the help of sensors beacons and RFID tags the data is collected on the cloud for analysis and delivered to the supervisors this enables staff to be aware of what is available on the shelf and what is available in the stockroom and take further decisions now when it comes to the effective information identification and traceability of products and supply chains IOT has a large role to play this is really important for the industries like food and pharmaceuticals which involve constant monitoring of temperature humidity and other environmental variables IOT systems can also help retailers cut down on employee theft and shoplifting by giving retailers the power to increase accountability at all operational levels with the availability of smart shelves source tags cubes and video surveillance equipment keeping an accurate count of everything has never been so easy so what you can do with IOT in the retail industry NFC payments automated home replenishment maintaining inventory accuracy predictive maintenance of store facilities RFID for item level inventory supply chain inventory tracking sensor base proximity marketing sensor based security solutions thanks for watching the video if you need any further information feel free to email us at info at soft web solutions comm or call us at eight six six three four five seven six three eight you

2 Comments

  1. Roman Koreyko said:

    IoT solutions for your business. https://fdh.cloud

    June 27, 2019
    Reply
  2. James Kelvin said:

    With the help of IOT we can find customer inaccessible data in retail from the moment customer enters the shop. Check :- https://www.youtube.com/watch?v=RzISf0mg0LM

    June 27, 2019
    Reply

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