RFID chips are still too expensive for wide-scale use with consumer merchandise, according to Gillette spokesman Paul Fox. Backers of the technology eventually see billions of packaged goods tracked remotely using RFID sensors through in-store...
Retailers have said the technology will shrink inventory costs, curb theft and deliver a host of other benefits. The software company specialises in complex business systems for retailers, offering programs that help big chain stores, including Gap...
Jim Gillespie, director of shrink and loss prevention at US supermarket chain Farm Fresh, has already invested in a data mining system which he can use to psyche out the covert staff fraudsters as well as help out honest cashiers by showing those...
♦ The top 10 CIOs
♦ CIO50 analysis: How to be a top CIO
♦ CIO50: The full report A prime example of this trend is global retail giant Tesco, which recently unveiled its plan for a standard set of processes and technologies - dubbed 'Tesco...
The UK's leading CIOs revealed… Tania Howarth Birds Eye Iglo Group For instance, he claimed the suite's stock management and price optimisation applications could reduce inventory by 10 per cent and increase profit margins by two per cent...
The UK's leading CIOs revealed… Tania Howarth Birds Eye Iglo Group Technologically, the focus will be on integrating store inventory systems with the online business, although it won't necessarily spell the introduction of a 'click and collect...