Assignment: Technology: A supermarket chain in California, recently introduced i

Question

Assignment: Technology: A supermarket chain in California, recently introduced intelligent shopping carts, to better service their customers. Each cart has a wireless touch-screen mobile device with a laser scanner to enable price checking and then to scan product codes for purchase. The cart mobile device totals shopper spending and enables a quick checkout. But they have not determined what other benefits they should include or not. Some of the possibilities are: Being able to price check different brands, automatically e-mailing receipts to customers along with the special sales, allowing retailers to receive an e-mail alert upon purchase. Then retailers can e-mail the customer directly as a result of the purchase, aggregate shopping habits for advertisers and industry surveys for interested parties. Research the Internet using the term, "Retail RFID Technology" and "retail technology

Explanation / Answer

Radio frequency Identification -RFID is widely used in the retail sector and many other places. It is a small chip that is fixed on a card which stores and records the data that contains a serial number, price and other data related to the product with the help of a scanner.

It helps in easy check outs and auto updation of the stock and easy management of warehouse stock and other inventory. It reduce the manual burden of stock checking. Advanced version helps in scanning all groceries at one single shot. This is very much used in other industries such as pharma and other product type companies for easy stock calculation which increased the speed of stock check in and out and maintanance.

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