06Information technology trends in the retail value chain
Figure details
The cartoon illustration depicts a sad BRAND box sitting on a wooden raft and thinking, 'With an RFID tag, I would have reached my destination weeks ago!'
Transparency of information in the value chain is a fundamental element in efficient retail operations. Information sharing and joint processes require new solutions that enable automating and streamlining many activities in the value chain. One of the key areas is to reduce manual work at store level, which is one of the biggest cost drivers in retailing. Information gathered from point of sale (POS) and shoppers enables ...
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