These changes would also improve the customer experience. Future-proofing physical stores with advanced technology solutions will be crucial going forward to maximize efficiencies.įor example, McKinsey estimates that advanced tech-enabled checkout, talent management, merchandising and replenishment, and store maintenance can help the grocery industry reduce costs by 15 to 30 per cent. Supply chain disruptions, rising costs, and competition with eCommerce have put pressure on in-store sales. With smarter shelf management, brands can increase their sales efficiency. It has also created powerful planogram software, capable of optimizing shelf management. ![]() AI has made large strides in problem-solving, machine learning, and navigating physical space. ![]() A recent report entitled “ Global Disruptors – Artificial Intelligence 2022” highlighted the exponential growth of AI in retail.
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