SIGN IN YOUR ACCOUNT TO HAVE ACCESS TO DIFFERENT FEATURES

FORGOT YOUR PASSWORD?

FORGOT YOUR DETAILS?

AAH, WAIT, I REMEMBER NOW!
Need Help? Email [email protected]
  • LOGIN

E-SPIN Group

CONTACT US / GET A QUOTE
  • No products in cart.
  • HOME
  • PROFILE
    • Corporate Profile
    • About us
    • Customer Overview
    • Investor Relations
    • Procurement
  • GLOBAL THEMES
    • Artificial Intelligence (AI)
    • Big Data
    • Blockchain
    • Cloud Computing
    • Cognitive Computing
    • Cyber Security
    • DevSecOps
    • Digital Transformation (DT)
    • Modern Workplace
    • Internet of Things (IoT)
    • Quantum Computing
  • SOLUTIONS
    • Application Security
    • DevSecOps
    • Digital Forensics
    • IT Operations Management (ITOM)
    • Malware Analysis and Reverse Engineering
    • Network Management System (NMS)
    • Network Operation (NetOps)
    • Network Performance Monitoring and Diagnostics (NPMD)
    • Penetration Testing
    • Secure Development
    • Security Information & Event Management (SIEM)
  • INDUSTRIES
    • Aerospace & Defense
    • Automotive
    • Banking & Financial Markets
    • Chemical & Petroleum
    • Commercial and Professional Services
    • Construction & Real Estate
    • Consumer Products
    • Education
    • Electronics
    • Energy & Utilities
    • Food & Beverage
    • Information Technology
    • Insurance
    • Healthcare
    • Goverment
    • Telecommunications
    • Transportation
    • Travel
    • Manufacturing
    • Media & Entertainment
    • Mining & Natural Resources
    • Life Sciences
    • Retail
  • PRODUCTS
    • Brand Overview
      • Acunetix
      • E-Lock
      • Hex-Rays
      • Immunity
      • Progress | Ipswitch
      • Metageek
      • Qualys
      • Parasoft
      • Tenable
      • Titania
      • Veracode
    • Rest of Brands
      • Adobe
      • BeyondTrust
      • Core Security
      • DefenseCode
      • HCL
      • ImmuniWeb
      • LiveAction
      • McAfee
      • Micro Focus
      • Microsoft
        • Microsoft Surface
      • Netsparker
      • Nutanix
      • Paessler
      • PECB
      • Portswigger
      • Red Hat
      • Riverbed
      • RSA
      • Solarwinds
      • TamoSoft
      • Trend Micro
      • TSFactory
      • Trustwave
      • VMware
      • VanDyke
      • Visiwave
    • Services Overview
    • Line Card
  • e-STORE
    • e-STORE
    • eSTORE Guide
    • SUPPORT
  • CAREERS
    • Careers
    • Culture, Values and CSR
    • How We Hire
    • Job Openings
  • BLOG / NEWS
    • Blogs and News
    • Resources Library
    • Calendar of Events
  • CONTACT
  • Home
  • Industries
  • Technology Intervention in Retail Industry
echnology Intervention in Retail Industry
0
E-SPIN
Thursday, 21 March 2019 / Published in Industries, Retail

Technology Intervention in Retail Industry

Technology intervention in retail industry is changing the way many businesses operate for the better of the company and its customers. Technology is enhancing many industries from financial institutions to retail outlets. It is important that companies stay up-to-date with the increasing changes and enhancements technology is creating for their business. In the retail industry, technology is changing the way many aspects of the industry are conducted. The retail industry is constantly evolving at an alarming rate, technological interventions are providing tech-savvy consumers personalized experience every time they shop.

These are some of the technological interventions that are shaping the retail industry.

Billing software
Online eCommerce business or a traditional brick and mortar type of retailer, updated billing software will certainly top the list of your priorities at any time. With the increase in consumer demand for easier, faster and safer billing options, it is imperative to keep pace with the changing technology to provide customers with the same. Billing software usually takes care of all the bills, invoices, keeps track of inventory, identifies gaps in supply and demand and also manage taxes.

Billing software should give you complete control over your business, automate the whole process, reduce errors, keep close eye on profits and sales, manage inventory, help identify future needs and provide accurate real-time reports.

With the modern technology capable to provide access to all the customer data and with the proper analyse to understand better for the customer buying behavior and preference in the aggregate way it one of the very import dimension to understand your customer segment well. If your current billing can not provide the business intelligence (BI) by leverage big data, then you should consider migrated over and tap the modern world technology offering.

Payroll
Payroll is a very important aspect of every business; however the retail industry comes with its unique payroll problems to deal with. That is why retailers have started implementing technological solutions to tackle their payroll concerns. Payroll systems help retailers pay their employees from anywhere and at anytime safely and securely using mobile payments applications. In addition to this, technology is also used to send customized payslips, auto deduct taxes, and streamline employee leave management. If your current system can not correlate and help you to understand how the business peak hours and the payroll cost correlated or correlated in the positive or logical way, so can make the right business decision for deployment the resources in the right way.

Vendor Relations
Business relationship with suppliers and vendors has a lot of impact on the overall success and failure of a retail business. A retailer depends on their suppliers for continuous replenishment of products; and any delay in the same can have serious repercussions. Vendor managed inventory has been used for quite a few years now, resulting in greater competitive advantage, glitch-free replenishment cycle, better supply chain management, and greater control over retailers inventory. A system that integrated with the rest of the how business function, and provide value chain insight, will help you better understanding of the supplier risk and how to managing supplier relations and alignment value chain activity and contributing to business process as a whole.

Drone Delivery
Drone delivery will certainly reduce the stress on our roads, increase customer satisfaction, reduce waiting time drastically, decrease manpower for transportation, and also reduce overall costs. However there are a number of factors that have to be considered before we see drones carrying parcels whizzing past our houses. There are a number of privacy concerns, legal hackles, and huge investment in technology that need to be considered by retailers.

Feel free to contact E-SPIN for assisting in adopting all the enterprise technology changes and supply the right solution to fulfil your Retail Industry requirements.

Tagged under: Big Data, business intelligence

What you can read next

Mobile Application Security Testing (Mobile AST) Solution
How Blockchain Will Impact to Aerospace & Defense
How Blockchain Will Impact to Aerospace & Defense
Next wave for the change

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • The future of work after COVID-19

    Let’s get real, despite the vaccine rolli...
  • Retail trends for 2021 and beyond

    After a year long of COVID-19 pandemic, lockdow...
  • AppSec Lab AppUse Pro product discontinued notice

    For all the business partners and customers, Be...
  • Linux dominance DevSecOps

    Whether from the DevOps to modern DevSecOps, Li...
  • Artificial Intelligence (AI)

    AI computer be the most of people boss

    A lot of people focus on artificial intelligenc...

Recent Comments

  • Dorai M on 5 Common ML Challenges Data Scientists Face

Archives

  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • March 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • January 2015
  • December 2014
  • October 2014
  • September 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • February 2012
  • July 2011
  • June 2011
  • February 2009
  • July 2008

Categories

  • Acunetix
  • Adobe
  • Aerospace and Defence
  • AppSec Labs
  • Automotive
  • Banking and Financial Markets
  • BeyondTrust
  • Brand
  • Chemical and petroleum
  • Codified Security
  • Commercial and Professional Services
  • Construction and Real Estate
  • Consumer products
  • Contact Us
  • Core Impact
  • Core Security
  • DefenseCode
  • E-Lock
  • Education
  • Electronics
  • Energy and utilities
  • FAQ
  • Food and Beverage (F&B)
  • GFI
  • Global Themes and Feature Topics
  • Government
  • HCL
  • Healthcare
  • Hex-Rays
  • IBM
  • Immunity
  • ImmuniWeb
  • Industries
  • Information Technology
  • Insurance
  • Ipswitch
  • Job
  • Life Science
  • LiveAction
  • Logpoint
  • Manufacturing
  • McAfee
  • Media and Entertainment
  • Metageek
  • Micro Focus
  • Microsoft
  • Mining and Natural Resources
  • Nessus
  • Netsparker
  • News
  • Nutanix
  • Paessler
  • Parasoft
  • PECB
  • PortSwigger
  • Pradeo
  • Product
  • Qualys
  • Rapid7
  • RedHat
  • Retail
  • Retina
  • Riverbed
  • RSA
  • Security Innovation
  • Security Roots
  • Services
  • SILICA
  • Smart City
  • Soft Activity
  • SolarWinds
  • Solution
  • Symantec
  • TamoSoft
  • Telecommunications
  • Tenable
  • Titania
  • Transportation
  • Travel
  • Trend Micro
  • Trustwave
  • TSFactory
  • Uncategorized
  • Vandyke
  • Veracode
  • Videos
  • VisiWave
  • VMware
  • Webinar Archive

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

CORPORATE

  • Profile
  • About us
  • Careers
  • Investor Relations
  • Procurement

SOLUTIONS & PRODUCTS

  • Industries
  • Solutions
  • Products
  • Brand Overview
  • Services

STORE & SUPPORT

  • Shop
  • Cart
  • Checkout
  • My Account
  • Support

PRODUCTS & SERVICES

  • Industries
  • Solutions
  • Products
  • Brand Overview
  • Services

FOLLOW US

  • Facebook
  • Twitter
  • Pinterest
  • LinkedIn
  • YouTube
  • WordPress Blog
© 2005 - 2021 E-SPIN Group of Companies | All rights reserved.
  • Contact
  • Privacy
  • Terms of use
TOP