A study of retailers worldwide found that many look to internet of things technologies to help them better manage their inventory.
Many retailers say that new technologies, like the internet of things (IoT), help them address a variety of fulfillment challenges they may face, such as inventory accuracy.
In fact, over half of retailers worldwide surveyed by Retail Systems Research (RSR) in August said that inventory accuracy was one of the top three fulfillment challenges that IoT technologies can address.
And three in 10 respondents said IoT technologies can also help with inventory visibility.
A considerably smaller percentage saw the IoT as a way to better understand activity in the store—whether consumer or employee. Less than one in five saw IoT technology as a way to gain visibility into employee activities in-store, and only slightly more saw it as way to understand consumers’ physical shopping behaviors.