Home / Knowledge / News / Information Technology / Intel's tracking technology helps Levi's save money
Intel's tracking technology helps Levi's save money
07
Nov '15
Chipmaker Intel is now looking beyond computers. And even denim is on their radar.

Intel and Levi's are partnering in a new experiment where they are using the Internet of Things (IoT) Platform to track all the stock movements in the store with a bid to save huge amounts of money, according to media reports.

At Intel's IoT Insights event this week, CEO Brian Krzanich said Intel has partnered with Levi's to build a proof of concept technology at a Levi's retail store in San Francisco.

Levi's put an RFID tag (a wireless device that can transfer data in real-time) on all of its items in the store, and connected it to Intel's IoT platform, which basically aggregates and sends the data to the cloud.

Once the data is sent to the cloud, Intel's analytics platform can track every movement in the store, from excessive inventory to sold out items that need restocking. Krzanich said every item is tracked for volume and location in real-time, making sure things are in place when the customer needs it and removed when it sees less demand.

"They now have the ability to power an application that lets them look at the whole store, holistically, every minute, and gives the employees the ability to scan of the entire store," Krazanich said.

Krzanich didn't disclose the actual sales benefit Levi's saw by implementing this new technology, but said that "with every 3 per cent of inventory accuracy gained, you get about 1 per cent increase in sales uplift...all of that goes directly to the bottom line."

Internet of things has been one of the hottest buzzwords in tech lately. It's the term used to describe how devices get connected to the web, collecting and analyzing a bunch of data for the user.

This isn't the first time Levi's has worked with a tech firm. In May, Google showed off a pair of "smart jeans" created in partnership with Levi's that connects with the smartphone and lets the user control volume or play music by tapping on part of the fabric. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search