Friday, April 2, 2010

Benefits Of Retail Automation

Automation of retail stores provides many benefits to retail stores and also the customers. Few benefits are:
  • Faster Billing: Automated systems can read many items at one time thus decreasing the time involved in generating a bill. This helps in directly boosting up sales.
  • Customer Management: RFID based stand helps the customers to get complete product information just by placing the item to it. This help in increasing sales. It also helps in recording all customer purchase details in the server when the bill is created.
  • Security: RFID provides real time visibility at each strategic points, problems like shrink, resulting from employee theft, shoplifting, administrative and paper error and vendor fraud can be simply reduced using this technology.
  • Tracking of goods: The hand held reader helps in tracking certain goods in the back store quickly whereas manually it may consume lot of time to find a good where several goods are accumulated together in an unorganized pattern.
  • Age Analysis: Tagging of products helps in identifying items quickly which are old. Manual identification of such items is a big pain for the employee. This would also guarantee quality product sold to the customers and old stock are removed in time decreasing material cost.
  • Stock Verification: Using a hand held reader can recognize and collect information of many items in a day. This helps to quicken the process of stock collecting and verification but also makes stock taking on a more repeated basis which increases productivity.
  • Monitoring items: Helps in supervising items on the shelves and produces an alert if certain item is absent from the shelf informing quick replacement.
  • Better Product Management: Using the technology the employee can easily know whether a particular good is present in the front or back store and can serve the customer without any delays.

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