Retail Technology

Retail Technology

Retail technology

The retail sector is going through a technological revolution. Startups and high-tech companies (many of them Israeli that appeal mainly abroad) are developing advanced and innovative retail technologies, quite a few already collaborates with leading global retailers.

Technologies assimilation can promote traditional stores and enable them to stay relevant with growing online shopping, offer the customer an advanced, fast and easy shopping experience, and bring great value to the retailer in improving purchasing processes, operations and inventory management, and Manpower savings. Technological applications that may be relevant to physical stores: self checkouts and frictionless payment, shelf monitoring, inventory & stock management, indoor navigation, digital signage, visual search, Omni-channel solutions, face recognition, mixed reality and more.

Professional knowledge in retail design are crucial for successful  technology assimilation in a physical store. A deep understanding of store layout, sales and operating constraints, working processes and procedures, customer behavior, visibility and orientation – are all necessary to examine the relevance of technology to a specific store or retail chain, and to accompany the implementation process optimally. Changes in store layout and existing display system and are often required at the process, as well as proper promotion of the technology to the customer and staff. We will be happy to assist and advice at the research, decision making and development stages, and accompany the in-store implementation process.

Retailer / Shop Owner – We Bring To The table:

>  Knowledge in the fields of technologies relevant to supermarkets and familiarity with companies in the field. We keep abreast of all the latest technological developments in Israel and around the world, with an emphasis on those relevant to physical stores, food retailers, and supermarkets in particular.

>  We are members of the Retail Innovation Club (a professional network for Re:Tech companies and retailers from Israel and the world). We can assist in finding the best technology solution for the retailer’s needs, including connecting with technology developers and relevant role holders in companies.

>  Accompanying and advising on the implementation process in the physical store, mapping and removing barriers in the field, including the necessary adjustments in terms of store design and planning.

Retail Technology Developer – We Bring To The table:

>  A deep understanding of sales processes, operational considerations, sales floor, relevant infrastructure, customer behavior, shopping experience, and retail preferences in FMCG stores, from supermarket chains to neighborhood supermarkets – those can be crucial when examining the relevance of a new retail technology, and can contribute to its successful implementation. We will be happy to assist as early as possible in the design and planning process of a physical product and its digital aspects.

>  Accompanying and advising on the implementation process in the physical store, mapping and removing barriers in the field, including the necessary adjustments in terms of store design and planning.

>  Long-standing professional relationships with leading retailers, for whom we serve as a professional advisor in strategic decisions, exposing the technology and examining its viability as part of designing new branches or renovating existing shops.