SlideShare a Scribd company logo
Ankit Gupta 013
Anup Karhade 015
1
Three critical components to OPTIMIZE &
MORDENISE store operations:
POS
• Speed
• Convenience
Mobile Workforce
• Driving
Efficiency
• Engagement
Analytics
• TRANSLATING
DATA INTO
INSIGHT
2
 POS not only for making payment but delivering
customer experience.
 Two kinds of customers:
 1. Who don’t know what they need and make purchases by
aimlessly browsing.
 2. Who know what they need and what to complete the
transaction as soon as possible.
3
1. TAP & GO
Mobile wallets: Stored credit or debit card information enable payment by simply
tapping smartphone, tablet or smartwatch to a near-field communication equipped
POS unit.
Benefit:
 Fast checkout
 Additional Security
 Purchase history
2016 2019
$27 bn
$210 bn
8xIncreased forecast in
mobile payment
Source : US Mobile Payments Forecast: Driven by User Growth
and Broader Acceptance, Transaction Value Will Triple in 2016
4
Apple Pay
Android Pay
Walmart Pay
5
Amongst Top 3in Google & Apple App store
22
mn Active
users
Can Be integrated to anymobile wallet in future if required.
6
Ability to initiate payment
Anywhere in the store
via a Wearable device
is the next level of mobile payment
Benefits:
1. Live inventory info
2. Cast the product image on the
monitor
3. Reduced checkout time
Provide endless isle… 7
 Retailers are defined by their associates.
 Front-line staff has the power to make or break the customer experience.
Run POS
Pick Pack
& Ship
orders
Stock
Shelves
Store
Associate
Work
NEED MODERN TOOLS 8
 Wearable communication device@Cabela’s
 Connected with other employees, Headquarter teams & Store
Systems.
 Track employee location
 Monitor & measure associates customer service level.
 Remain hands free and keep eye on surroundings and
customer.
• HR Soft Solution@Aztec Shops
• Connects all of its labor-related processes, including
timekeeping, HR and payroll, scheduling, and absence
management.
• Saves manager’s hours.
• Increased associate satisfaction
9
 Gathering data on what the shopper wants
 To leverage insights in-store
10
 RaceTrac :
 Gas & convenience store
 Manage inventory stock outs at its 420 outlets.
 Identify key external factors that directly affected each market’s demand and make
predictions based on real-time data analysis.
 Develop inventory visibility
Sourcs EKN’s
“Customer Context
Power” report
1in 2retailers are unable to
predict their in-store
customer traffic
pattern
11
Analytics
Inventory
Replenishment
Demand
Forecasting
Inventory
management
 Using RFID technology
 RFID antennas are always on to supply live data
 Gather & Disseminate valuable SKU level data.
 Since the system is always on, it locates and
accounts for every product on the store.
 Seamless inventory management and labor
settings
• Structured analytical department @Bed Bath
& beyond.
• Predictive modelling tools to enable the company
to achieve improved optimization to markdowns,
pricing and direct mail campaigns
12
13
14
15
16
Number of counts an item has been picked.
17
18

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Best of both worlds lite- Reinventing Physical Stores

  • 1. Ankit Gupta 013 Anup Karhade 015 1
  • 2. Three critical components to OPTIMIZE & MORDENISE store operations: POS • Speed • Convenience Mobile Workforce • Driving Efficiency • Engagement Analytics • TRANSLATING DATA INTO INSIGHT 2
  • 3.  POS not only for making payment but delivering customer experience.  Two kinds of customers:  1. Who don’t know what they need and make purchases by aimlessly browsing.  2. Who know what they need and what to complete the transaction as soon as possible. 3
  • 4. 1. TAP & GO Mobile wallets: Stored credit or debit card information enable payment by simply tapping smartphone, tablet or smartwatch to a near-field communication equipped POS unit. Benefit:  Fast checkout  Additional Security  Purchase history 2016 2019 $27 bn $210 bn 8xIncreased forecast in mobile payment Source : US Mobile Payments Forecast: Driven by User Growth and Broader Acceptance, Transaction Value Will Triple in 2016 4
  • 6. Amongst Top 3in Google & Apple App store 22 mn Active users Can Be integrated to anymobile wallet in future if required. 6
  • 7. Ability to initiate payment Anywhere in the store via a Wearable device is the next level of mobile payment Benefits: 1. Live inventory info 2. Cast the product image on the monitor 3. Reduced checkout time Provide endless isle… 7
  • 8.  Retailers are defined by their associates.  Front-line staff has the power to make or break the customer experience. Run POS Pick Pack & Ship orders Stock Shelves Store Associate Work NEED MODERN TOOLS 8
  • 9.  Wearable communication device@Cabela’s  Connected with other employees, Headquarter teams & Store Systems.  Track employee location  Monitor & measure associates customer service level.  Remain hands free and keep eye on surroundings and customer. • HR Soft Solution@Aztec Shops • Connects all of its labor-related processes, including timekeeping, HR and payroll, scheduling, and absence management. • Saves manager’s hours. • Increased associate satisfaction 9
  • 10.  Gathering data on what the shopper wants  To leverage insights in-store 10
  • 11.  RaceTrac :  Gas & convenience store  Manage inventory stock outs at its 420 outlets.  Identify key external factors that directly affected each market’s demand and make predictions based on real-time data analysis.  Develop inventory visibility Sourcs EKN’s “Customer Context Power” report 1in 2retailers are unable to predict their in-store customer traffic pattern 11 Analytics Inventory Replenishment Demand Forecasting Inventory management
  • 12.  Using RFID technology  RFID antennas are always on to supply live data  Gather & Disseminate valuable SKU level data.  Since the system is always on, it locates and accounts for every product on the store.  Seamless inventory management and labor settings • Structured analytical department @Bed Bath & beyond. • Predictive modelling tools to enable the company to achieve improved optimization to markdowns, pricing and direct mail campaigns 12
  • 13. 13
  • 14. 14
  • 15. 15
  • 16. 16 Number of counts an item has been picked.
  • 17. 17
  • 18. 18