The fashion industry is among one of the majorly impacted sectors due to the current situation, which is mainly because it is based on discretionary spending.
Retail Tech
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There are machines with technologies like Industry 4.0, AI, and ML that are said to help the manufacturers in setting up a smart factory.
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E-commerce has made life easier for consumers, posing a threat to offline retailers. These technologies can help them survive.
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The expansion in number of stores and channels like online, offline and omnichannel demands a more advanced level of POS system than the basic one.
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Fashion and luxury products often face a huge challenge of counterfeit items, that are hampering their brand value and trust. Today the products are made so real that it is often difficult for buyers to authenticate the original ones. The a
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The advancement in three technical fields like Big Data, Neural Network and Graphical Processing Unit (GPU) has played a huge role in the widespread use of Facial Recognition Technology. Apparel retailers today are leveraging the technology
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The most advanced level of footfall counting technology is not just helping the retailers count the footfall, but also supports in analysing the consumer behaviour in retail stores.
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Checkout-free stores will enable shoppers to enter stores, buy products and, interestingly, leave without paying anything.
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INCREFF provides solution for the retailers and brands helping them improve their inventory turns and thus their revenue and margins with intelligent merchandising and efficient fulfillment platform.
