ANALYTICS

When tight margins are the rule, every penny counts. Every customer, too.

Digitization is changing the face of retail today. Companies that are unable to embrace digital technologies and adopt a digital transformation strategy are being left behind. For retailers, this involves digitization and integration of a wide array of assets and systems, such as vending machines, store equipment, customer portals, and an extended enterprise of suppliers and providers. A general challenge in the retail industry is that inventory, Point of Sale (POS), and other systems are separate and report for different periods. This timeline discrepancy forces manual efforts to reconcile sales and stock levels to support the ordering process, leading to waste shrink. Retailers use iVEDiX’s Digital Platform to integrate multiple systems to help monitor shrinkage and boost profitability. Combining real-time and historical data gives retailers unprecedented capabilities to visualize, analyze, and interact with vast amounts of untapped information to better serve their customers.
quote
ivedix is the type of innovative technology that offers cognitive intelligence on mobile platforms in a fraction of the time of traditional BI solutions. ivedix can uncoil and curtail the monotony associated with data representation and accessibility.

ANALYTICS

When tight margins are the rule,
every penny counts.
Every customer, too.

Digitization is changing the face of retail today. Companies that are unable to embrace digital technologies and adopt a digital transformation strategy are being left behind. For retailers, this involves digitization and integration of a wide array of assets and systems, such as vending machines, store equipment, customer portals, and an extended enterprise of suppliers and providers. A general challenge in the retail industry is that inventory, Point of Sale (POS), and other systems are separate and report for different periods. This timeline discrepancy forces manual efforts to reconcile sales and stock levels to support the ordering process, leading to waste shrink. Retailers use iVEDiX’s Digital Platform to integrate multiple systems to help monitor shrinkage and boost profitability. Combining real-time and historical data gives retailers unprecedented capabilities to visualize, analyze, and interact with vast amounts of untapped information to better serve their customers.

quote

ivedix is the type of innovative technology that offers cognitive intelligence on mobile platforms in a fraction of the time of traditional BI solutions. ivedix can uncoil and curtail the monotony associated with data representation and accessibility.