Home / Knowledge / News / Information Technology / Attune forecasts four developments in retail POS solutions
Attune forecasts four developments in retail POS solutions
16
Jan '14
attune Consulting, a premier global solutions provider to the fashion and lifestyle industries, shared the top four technology advances to expect from retail mobile point of sale (POS) solutions over the next 12-18 months.

According to research from IHL Group, mobile in retail is now a $5.7 billion business worldwide and one that continues to grow rapidly. Retailers have embraced mobile POS solutions as a way to extend the reach of their in-store POS and engage with shoppers. However, these solutions remain in the “show and tell” phase, offering only limited information about products available in the store and the ability to scan and purchase those items.

Over the next 12-18 months, retailers can expect to offer a richer, more personalized omnichannel shopping experience through their mobile POS deployments. The emergence of new platform-agnostic solutions, along with deeper integration of the mobile POS to backend enterprise systems tied into the supply chain, will enable retailers to transform the physical store shopping experience and deliver:

“Anywhere, any store” shopping – If goods aren’t available in the store, with a few swipes of the fingertips, sales associates on the store floor can instantly search for inventory across store locations, message other store associates as needed, place an order for delivery, and have it shipped to the customer from anywhere within the country.

Advanced analytics – Sales associates will have instant access to customer data – including buying patterns, preferences, and recent online or store purchases – to offer a more personal and customized shopping experience. Store managers will gain access to real-time reports on retail operations, such as the status of merchandise during promotions or product performance that will empower them to improve store performance.

Direct access to global data – Current mobile POS solutions have limited access to global merchandise and inventory data. By directly integrating into the retailer’s central enterprise systems, mobile POS clients – across all stores – are constantly synchronized with the latest information. This will give sales associates the ability to easily view merchandise information and availability offered at other stores in real time so they can help customers find and purchase the products that best fit their needs, regardless of location.

Global views into inventory…and the future – Today store personnel can use a mobile POS to check and manage the delivery of inventory at their store location. With deeper integration, retailers will not only be able to extend that visibility to global inventory and deliver “anywhere, any store” shopping, they will also be able to place orders for items not yet manufactured. This glimpse into the future of shopping is entirely possible – and probable – within the next few years with this level of mobile POS integration.


Must ReadView All

VF Corporation to split into two independent companies

Apparel/Garments | On 14th Aug 2018

VF Corporation to split into two independent companies

VF Corporation, a global leader in branded lifestyle apparel,...

Courtesy: Good On You

Apparel/Garments | On 14th Aug 2018

Good On You in Oz adds 500 European brands to rating app

Australia-based Good On You’s brand-rating app has recently added 500 ...

Courtesy: USDA/FAS

Textiles | On 14th Aug 2018

US cotton exports in 2017-18 highest in over a decade

Cotton exports from the US in 2017-18 reached their highest level...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Top executives
Textile industry, India

The event should be organised every year

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

Ashish M Amin

Premier Looms is a leading provider of cutting-edge machinery and...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Chunyi Zhi
City University of Hong Kong

<div><b>Chunyi Zhi</b>, associate professor in the Department of Materials ...

Robin Grankvist
OrganoClick AB

Robin Grankvist talks about PFCs, additives and various chemicals used in...

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

Leave your Comments


August 2018

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

news category


Related Categories:

Advanced Search