RFID & Wireless IoT Search
RFID & Wireless IoT Search
E-magazine RFID & Wireless IoT Global Issue 02/2022

IOT Technologies Used in the Retail Industry

IoT solutions connect online and offline retail worlds, secure goods in stores, protect brands from product piracy and create new shopping experiences. And that is just the beginning. In this area, we present you with comprehensive expert knowledge on the use of innovative technologies in retail.

Especially in the textile business, wireless technology has long moved into the retail industry. Availability in the store and online is monitored and updated via a network of transponders, readers, and a cloud that can be accessed manually or that automatically sets processes in motion, for example to restock inventory.

Items can be tracked and located via wireless technologies like RFID, creating transparency in the supply chain.

In order to guarantee a convenient shopping experience, stores can implement applications like smart mirrors or fitting rooms that monitor items (and can detect possible manipulation) and recommend complementary items or provide information about size and color availability. Innovative customer interaction (through virtual shop assistants) can improve customer satisfaction and loyalty.

With dynamic prices, stores can adjust more easily to the market, competitors, and the customer needs.

Wireless technologies provide security in the retail industry: Item tagging (source tagging right from the production) can help prevent theft or counterfeiting and unveil tampering. With mobile or short-range payment methods (NFC), data remains secure, transactions are documented, and the payment process is faster and easier.

DENSO

More than 97% stock accuracy and 5% sales increase have been achieved with the use of RFID.
Stadium

RFID-controlled Supply Chain Reduces Overproduction and Inventory Deficits.
Think Wireless IoT

Lecture videos of the Think WIOT Day "Retail" are available! Simply register free of charge* and be fully informed.

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