Data Analytics Drive Retail Efficiency
The concept of data analytics has been around for years, but do companies know what those terabytes of data can do for their business? And if they do, are they using it to its maximum potential?
The concept of data analytics has been around for years, but do companies know what those terabytes of data can do for their business? And if they do, are they using it to its maximum potential?
Demand forecasting and inventory planning to ensure preferred items are always in stock
Reducing storage wastage for low-demand, low-yield items
Addressing issues ahead of high volume seasons such as Singles Day, Black Friday, Cyber Monday, and holiday seasons in general
Up-selling and cross-promotion through preference correlation insights
Personalised shopping experience for each unique customer done right
Capitalising on data is the key to engage your customers and foster loyalty.
Have you been using captured data to enable sound business decisions? Is the process an integrated solution, or merely business information in silos? What are the data analytics tools that can help you improve your retail and eCommerce business?
We will be covering this and more at LMFAsia 2018 Conference.
Featured Product

3D Vision: Ensenso B now also available as a mono version!
This compact 3D camera series combines a very short working distance, a large field of view and a high depth of field - perfect for bin picking applications. With its ability to capture multiple objects over a large area, it can help robots empty containers more efficiently. Now available from IDS Imaging Development Systems. In the color version of the Ensenso B, the stereo system is equipped with two RGB image sensors. This saves additional sensors and reduces installation space and hardware costs. Now, you can also choose your model to be equipped with two 5 MP mono sensors, achieving impressively high spatial precision. With enhanced sharpness and accuracy, you can tackle applications where absolute precision is essential. The great strength of the Ensenso B lies in the very precise detection of objects at close range. It offers a wide field of view and an impressively high depth of field. This means that the area in which an object is in focus is unusually large. At a distance of 30 centimetres between the camera and the object, the Z-accuracy is approx. 0.1 millimetres. The maximum working distance is 2 meters. This 3D camera series complies with protection class IP65/67 and is ideal for use in industrial environments.