Multinational retail chain operator Carrefour is planning to test Bluetooth beacons to track the movements of shopping carts at three of its Madrid stores this fall.
Inventory management and predictive analytics software, in-store mobile device integration and e-commerce solutions are the biggest technology priorities for independent brick-and-mortar retailers, according to LightSpeed's first annual Retail Tech Forecast.
Shifting supply chains to become driven by IT means businesses can standardise their processes and become less likely to run out of stock, says Dominic Regan, EMEA director of supply chain applications at Oracle.
Accurately monitoring the curing of concrete can be critical on large construction projects. If a slab is not given sufficient time to cure, cracks can develop when the next slab is poured, which would ruin that section. RFID technology is helping ensure that doesn't happen.
More than 40 stores throughout Norway are using a new radio frequency identification system provided by Norwegian systems integrator Front Systems to manage inventory data automatically, at an affordable price.
Traditional retailers generate and capture a deluge of data - most notably, customer transaction histories that can reveal detailed product affinities and promotional and marketing response rates. Now the emergence of big data and advanced analytical tools and techniques can connect data with a larger context. Big data can explain the who, what, when, where, why, and how of retailing.
While recent innovations in the software sector have significantly boosted capabilities for most software products, free open-source software solutions have made an even bigger splash. More than half of all data mining tasks are now conducted using open-source software, displacing the purchase of proprietary software.
Having established a solid presence on the East Coast, Neiman Marcus decided it was time to build its own dedicated distribution center. Steve Johnson, principal with Johnson Stephens Consulting Inc., relates how the project was successfully carried out.