Intelligent CIO Middle East Issue 51 | Page 37

////////////////////////// Y ou would be hard pressed to find a retailer who doesn’t want greater insight into what is happening within its stores and warehouses – and why it’s happening. Perhaps that’s why Zebra’s 2019 Intelligent Enterprise Index revealed a record number of retailers accelerating their efforts to become ‘intelligent.’ According to the annual study, the global retail sector’s ‘intelligence score’ increased 6.7% points from 2018 to 2019 to reach 62.1. That’s only one point lower than the highest-scoring healthcare sector. It also represents the largest year-over-year gain among all sectors. Why intelligence scores matter more than ever Retailers are now highly focused on ‘returns.’ They want to know how they keep customers returning to their stores amid fierce competition and how to minimise product returns. They also want to understand how best to maximise their return on investment (ROI) for any new resources dedicated to accomplishing such goals. Sometimes, that entails augmenting or expanding the workforce. In other cases, it requires process re-engineering or workflow automation. But it always involves technology in some capacity. Given that two of the key technology platforms used to derive and deliver IoT- powered intelligence at the edge of the enterprise have already been deployed in most retail environments today, it’s no surprise that retailers see potential, and a potentially strong return, with IoT-based solutions. Barcode-based systems and mobile devices are highly versatile and could quickly be configured to work within more advanced IoT-based architectures. Almost immediately, handheld mobile computers, smartphones, tablets and scanners could deliver expanded intelligence to front-line- store associates to improve point-of-sale (POS), restocking, physical inventory counts and inventory lookup, among many other actions that help to improve the speed and quality of customer service and secure sales. These same devices can be utilised to simultaneously improve back-of-house logistics: shipping, receiving, inventory www.intelligentcio.com Mark Thomson, Director of Retail and Hospitality EMEA, at Zebra Technologies “ BARCODE-BASED SYSTEMS AND MOBILE DEVICES ARE HIGHLY VERSATILE AND COULD QUICKLY BE CONFIGURED TO WORK WITHIN MORE ADVANCED IOT-BASED ARCHITECTURES. management, buy-online-pick-up-in-store (BOPIS) fulfilment and more. They could also be combined with other technologies such as prescriptive analytics engines, sensors, RFID locationing systems and near-field communications (NFC) technologies to offer near-perfect clarity into retailers’ operations and produce the small, actionable data that makes a big impact on the bottom line. Yet, retailers aren’t investing as heavily in IoT solutions as one might think based on this INTELLIGENTCIO 37