Seven signs that it's time to improve your retail processes

Amelia Kirby

With the help of our global partners, Retail Data Systems (RDS), Bizerba and GAP, brick-and-mortar retailers are improving their processes and tackling their biggest problems with smart supermarket tech. But how do you know the time is right to implement new retail tech?

Shrinkage cost retailers $61.7 billion in 2019*. Shrinkage is caused by a combination of factors, including fraud at self-checkouts and item misidentification. By adding Tiliter AI Checkout Solutions to your existing POS through our resellers, you can be confident that cashiers can’t select the wrong item, whether intentionally or not.

There are 40,460** grocery stores in the US alone. That’s a lot of competition. If your customers have a less than optimal experience at the checkout, they have plenty of other store options. So, if you can make the checkout as smooth and painless as possible, you’ll keep your customers coming back for more and keep your cashiers satisfied too.

Tiliter's AI produce identification tech is fast. It recognises fresh produce in under 200ms and there’s no need for shoppers to search through lengthy category menus. And it removes the burden on cashiers of manually entering PLUs.

With a smooth checkout expected as part of the everyday shopper experience and the need for efficiencies in every retail process, it’s understandable that large global retailers are getting smart to the fact that they can use AI to improve their store. Plus, they can offer their customers a checkout experience that keeps them loyal and satisfied. Is it time you did the same?

To understand whether it's time your retail business could benefit from implementing smart retail tech to improve your customer experience and transform the way you work, complete our quick checklist. If you match any of the seven check boxes, it might be time for a little innovation with some big rewards.

DOWNLOAD YOUR CHECKLIST HERE.

*SecurityMagazine.com

**Ibisworld

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Tiliter computer vision products help reduce shrinkage and fraud.