Retail Automation
IoT is the powerhouse, the framework for smart supermarkets. Smart supermarkets utilize various IoT devices which are mutually connected — in essence, they associate sensor tech to the commonly used things in stores. IoT is already making waves in retail. There are many examples to prove it ¸— from smart shelves which help align procurement with consumer purchasing habits to in-store buyer behavior tracking. Ultimately this will help them make the right decisions and keep their store fresh and fully stocked, which would eventually attract new and retain old customers [1]. Walmart CEO Doug McMillon points out in the World Economic Forum: “With the growth of the internet of things, customers will enjoy an increasingly connected or ‘smart’ shopping experience through a network of connections linking the physical and digital worlds into an ecosystem of devices, including vehicles, stores, and software […] The Internet of Things, drones, delivery robots, 3D printing, and self-driving cars will allow retailers to automate further and optimize supply chains. Both sides of the equation – demand and supply – will change dramatically.” And robots play a major role here.The Rise of Robots in Retail
Currently, most retail shopping systems identify products based on barcode scanning, thus creating long queues in supermarkets that take much of the consumers’ time and make crowds. Some of the disadvantages of barcodes are:- Inconvenience in managing shelves
- Inadequacy in quickly reviewing the product information
- More analysis time
- Long queues