Business owners need to embrace Near Field Communication and other technologies enabling contactless payments. Here's why.
Barcelona-based shoemaker Viscata is working with Newmine to offset the impact of recent challenges by reducing the amount of product that ends up being returned.
Culvert IoT offers location-aware solution for industrial workplaces; Lacuna Space, Semtech expand LoRaWAN coverage via IoT satellites; MultiTech Systems unveils LoRaWAN sensors; FloLIVE, Paragon ID secures ARC certification; Wiliot launches retail IoT starter kit; Luner announces IoT SIM for developers, SMEs.
Business owners can develop successful marketing methods by deploying RFID and other technologies, and by doing their research.
Stores are deploying technology from Sensormatic Solutions and Impinj to identify any products being removed, with alerting and analytics to prevent theft in real time or through merchandising strategies.
Avery Dennison's new tag was designed to be applied to metallic goods, like healthcare supplies or appliances, to be read via a UHF reader in the supply chain or at a store, and as NFC with a smartphone.
With a solution from Haco RFID, the company has reduced the cost of inventory counts, while improving its business processes using GS1 standards.
The company has been using such standards since 2003, which facilitated its involvement with the Universal Postal Union's RFID system.
Despite the pandemic and supply chain delays, the industry is experiencing growth, with 2022 forecast to see a $600 million rise in value, while the study finds a need for greater standardization and education to meet the technology's potential.
At a time when many retailers don't know what to do, data provides a map for success that doesn't rely on assumptions or guesswork.