The increased complexity of new revenue management strategies incorporating internal and external data sources have significantly increased the velocity of changes at the shelf.The shifts in shopper buying behaviors are driving the need for retail to automate and transform. This need has been greatly accelerated by the COVID-19 era where the safety of shoppers and associates combined with an increased demand via multiple channels has turned retailing upside down. Retail stakeholders of the Digital Shelf requires collaboration among: store operations, pricing, merchandising, labor relations, finance, eCommerce as well as the office of the CIO. Executive governance is necessary to remain focused on measurable business results. Retailers are demanding more from the Digital Shelf Transforming Shoppers Into Advocates Results in ROI With the Right Platform Directs associates to merchandise items that are nearing expiration dates that require markdowns.Utilizing integrated AI driven camera technology, shelf images are analyzed producing digital planograms and communicate appropriate task management to store associates related to out of stock items, facings that need correction, bib tag auditing and misplaced items.
Electronic shelf full#
Again, automatic product locationing combined with LED Flash quickly guides store associates to find the right location and product for replenishment with sub second speed keeping shelves full for demanding customers.Combining features such as automatic product positioning and sub second response of ESLs with LED Flash to fulfill online orders from physical stores becomes fast, efficient and shaves at least 20% time off each order picked.Ability to experiment, sync with online, match competition through a set of intelligent workflows.Real time movement of pricing and promotions to the shelf without the latency of human intervention or printing of labels.Shelf Edge Digital Solutions continue to gain footing and are bridging the gap between online ecommerce and physical store product, pricing, and inventory information where customers benefit most – at the shelf where final purchasing decisions are made. In addition to the common labor and paper printing arbitrage of hanging paper labels, ESL platforms have become more sophisticated with features that connect the store, the shopper and store associates with the ability to optimize processes such as:
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