Shared Technology News:
4 Ways IoT Devices Are Helping The Retail Supply Chain
Retailers: According to this BizTech Magazine article, "A lag in supply chain innovation can lead to costly delays and stock shortages, but the Internet of Things provides retailers with a potential solution."
IoT technology is improving retail, through more efficient supply chain procedures and fulfillment tactics. From inventory accuracy and monitored goods in transit, to order picking and faster shipments, IoT is helping supply chains for retailers.
Excerpt: "Between livestreamed virtual events, Metaverse storefronts, self-service stations and more, the retail industry continues to become more tech-centric. Yet behind the scenes, the supply chain hasn’t been innovating at the same pace. And as the influence of e-commerce pushes retail to become omnichannel-focused, this lag in supply chain innovation can lead to delays and stock shortages that ultimately hurt sales on a larger scale.
Fortunately, the Internet of Things (IoT) provides a potential solution to this growing concern, in four specific ways."
Check out BizTech Magazine's article to discover 4 ways that IoT devices are helping the retail supply chain: https://biztechmagazine.com/article/2023/09/4-ways-iot-devices-are-helping-retail-supply-chain
To learn how TDX Tech can help your business procure, deploy, and install IoT solutions at your retail stores, as well as fulfillment and distribution facilities, visit: https://www.tdxtech.com/technology-solutions/iot-internet-of-things-solutions/
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