Smart Shelves
Smart shelves automatically keep track of inventory in a retail store using wireless inventory control systems that are fitted with weight sensors or other solutions. The weight sensors are integrated into the shelf itself or installed under normal shelves. These weight sensors consistently notify the back-end system about the existing quantity of items on the shelves. Alternatively, wireless devices can use RFID tags and readers to scan products in the display and stock shelves when items are checked out. In addition to sensing items, smart shelf solutions often also include electronic pricing labels that allow the price tags to be easily changed digitally. Some solutions also allow customers to use their smartphones to scan shelf labels in order to display additional information such as nutritional labels directly on the phone.
Enables the business owners to make more informed decisions, Real-time tracking of inventory stock situation, Provides real time analysis of data, Enables retailers to stock larger quantities of fast moving products, Reduces the number of slow moving items, Enables manufacturers and retailers to reward shopper loyalty.
Retailers: Retailers benefit from improved inventory accuracy, reduced labor costs associated with manual inventory counts, and increased sales through better product visibility and availability.
Manufacturers and Suppliers: Manufacturers and suppliers can gain valuable insights into consumer purchasing behavior, demand patterns, and product performance through data collected from Smart Shelves. This enables them to optimize production, distribution, and marketing strategies.
RFID Technology: RFID tags are attached to products to uniquely identify them and track their movement on Smart Shelves. RFID readers installed on shelves capture tag data and transmit it to the central inventory management system.
Weight Sensors: Some Smart Shelves are equipped with weight sensors that measure the weight of products placed on the shelf. Changes in weight are used to detect product movement and track inventory levels in real-time.
Inventory Data: Smart Shelves collect real-time data on inventory levels, product movement, and shelf replenishment needs. This data enables businesses to maintain optimal stock levels and reduce the risk of stockouts or overstocking.
Consumer Engagement Data: Smart Shelves capture data on customer interactions, such as product views, interactions, and purchases. This data helps businesses understand customer preferences, identify popular products, and tailor marketing strategies accordingly.
Shelf Installation: Smart Shelves are equipped with sensors, RFID tags, or weight sensors to track product movement and inventory levels. These shelves are installed in retail stores or warehouses to automate inventory management processes.
Integration with Inventory Systems: Smart Shelves are integrated with inventory management software or enterprise resource planning (ERP) systems to facilitate real-time data exchange and automated inventory replenishment.
