How Can Electronic Shelf Labels Simplify Manual Processes? - PowerPoint PPT Presentation

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How Can Electronic Shelf Labels Simplify Manual Processes?

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To keep things cost-effective and streamlined, many retailers have begun to gradually transition to digital processes. – PowerPoint PPT presentation

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Title: How Can Electronic Shelf Labels Simplify Manual Processes?


1
How Can Electronic Shelf Labels Simplify Manual
Processes?
2
How Can Electronic Shelf Labels Simplify Manual
Processes?
To keep things cost-effective and streamlined,
many retailers have begun to gradually transition
to digital processes.
In this day and age, digital solutions are
becoming more efficient than manual methods. This
change can clearly be seen in both private and
public sectors across the globe, including the
retail industry. To keep things cost-effective
and streamlined, many retailers have begun to
gradually transition to digital processes.
3
Naturally, this is not an instantaneous process
and often needs to be done in different phases.
This can be a good thing, especially for small
and medium retailers that are only at the
beginning of their transformation. They are able
to take small steps going toward this goal. While
there are many places to begin their journey, it
is often easy to incorporate the use
of electronic shelf labels or ESLs as their first
step or next move.
4
Omnichannel Synchronicity
In the digital age, customers now have more than
one way to shop. Aside from having physical
stores, many retailers also have an online store
that customers can also purchase from. However,
managing multiple shopping channels can be
difficult to do manually. It may be too much for
one person to do and the data may be less than
accurate as well. Installing ESLs can help
retailers keep track of their store channels
because all the information is logged and updated
for them. This forms something called an
omnichannel, where every shopping method
converges into one place.
5
So whether stock levels are low on the online
store or a new shipment has arrived at one of
their physical stores, this data will be
transmitted to the system by the ESLs. That way,
any information about whats happening across a
retailers shopping network can be accessed
conveniently in one place. 
6
More Efficient Customer Service
The reality is, not every shopper in a physical
store wants or needs assistance from the staff.
How retail managers can improve customers
experience while optimizing their workforce is
through the use of ESLs. Through the display
screen, customers can learn more about the
product from the shelf edge, they just need to
read whats on it. Moreover, ESLs also have NFC
capabilities, which enables mobile payments at
the retail store.   Should customers want
assistance, they can tap the screen or press a
button on the ESL to alert one of the staff to
assist them. This way, staff can focus on
important tasks at the moment while providing
stellar customer service.
7
Better Inventory Management
Traditionally, the task of inventory management
usually goes to one person or a group of people.
Their main job involves manually counting each
item on the sales floor and stockroom.  The
information is then written on a logbook or
recorded on a laptop and must be updated each
time there are changes in inventory. However,
continuing to go about tasks this way without the
use of digital solutions is steadily becoming
inefficient.    Using electronic shelf labels can
help immensely because it can keep track of stock
levels, record the data, and automatically update
the records when changes are made. While
employees may still need to do some counting and
basic arithmetic, they can leave the tracking to
the electronic shelf label. They can easily input
the information on the ESL and keep an eye on the
numbers on the system. 
8
Automate Your Business Operations With SOLUM
Going digital wont happen overnight, but SOLUM
can help make the process as smooth and as
seamless as possible. We have been an industry
leader when it comes to providing electronic
shelf labels, just like Newton TOUCH. SOLUM has
been helping retailers of all sizes automate
their business since 2007. For more information
about our products, contact us or visit our
website today.
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