Smart Retail Age Customer Engagement: #infographic

Smart Retail Age Customer Engagement: #infographic
According to the McKinsey Internet of Things research, the application of IoT technology solutions in retail could have a direct economic impact of $0.4-1.2 trillion per year by 2025.

Tightly interwoven with Big Data and analytics, IoT offers an unprecedented opportunity to label and track inventory down to an item with RFID and sensor-based asset management techniques, allow warehouse picking and eliminate discrepancies in supply and demand by acknowledging trends in sales data and automating inventory replenishment.

Smart Retail Age Customer Engagement: #infographic

infographic by: r-stylelab.com

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