Category
Business
Keepsake Countdowns
Trend cluster
Category
Intelligent
Inventory
Grocers are using IoT tech to streamline inventory management.
5.2
Trend score
What's Happening
What is the Intelligent Inventory trend?
Intelligent Inventory: Supermarkets are leveraging IoT solutions to improve inventory management processes. Not only do IoT systems ensure supermarkets are stocked with the right items in the right quantities, but they also help these brands achieve their sustainability objectives by reducing food and energy waste.
Insight
The consumer insight behind the Intelligent Inventory trend
Consumers are accustomed to streamlined e-commerce experiences and no longer have the patience for the inefficiencies associated with in-store shopping, such as empty shelves and near-expired produce. In addition, as sustainability gains importance from a consumer perspective, many of these shoppers will prefer to buy from retailers that adhere to eco-friendly practices. As a result, grocers using IoT tech are satisfying both these consumer needs via one inventory-focused solution.
Trend themes
Themes within the Intelligent Inventory trend
Three behaviours holding the trend together01
IoT Inventory Management
Supermarkets are leveraging IoT solutions to streamline inventory management and reduce waste, satisfying consumer needs for sustainable and efficient shopping experiences.
02
Real-Time Data Analytics
Smart data capture solutions like Scandit's ShelfView and Amazon's Store Analytics are helping retailers boost operational efficiencies, expand workforce capacity, and improve customer experience.
03
IoT Food Safety Monitoring
Grocers like Giant Eagle are partnering with IoT companies to implement temperature monitoring systems that autonomously regulate food assets, ensuring food safety and quality for customers.
Industry implications
What the Intelligent Inventory trend means for industry
Where the trend changes the playbookFor
Retail
IoT-powered inventory management and real-time data analytics provide opportunities for retailers to meet consumer demand for efficient and sustainable shopping experiences.
For
Food & Beverage
IoT solutions for food safety and freshness monitoring offer opportunities for businesses to improve quality control and implement sustainable practices in their operations.
For
Technology
IoT companies like SmartSense by Digi are providing businesses with innovative technologies and digital solutions that improve efficiency and productivity in various industries, including grocery and retail.
Workshop question
How can your brand utilize emerging technologies to be more efficient?
Trend signals
Trend signals for Intelligent Inventory
Trend score 5.2 out of 10, from popularity 80%, activity 65%, freshness 12%.
Popularity80%
Activity65%
Freshness12%
Audience
50%Men
50%Women
- Gen Alpha
- Gen Z
- Millennial
- Gen X
- Boomer
Market
North America
Europe
Asia-Pacific
Evidence
Examples of the Intelligent Inventory trend
5 featured examples from Jan 28 to Jul 12, 2022CategoryBusiness
IoT Grocery Platforms
Hanshow Unveils Its New IoT Retail Platform Called 'All-Star'
Grocery retailers can benefit from IoT-based platforms like All-Star to enhance their digitalization efforts.
CategoryBusiness
Real-Time Shelf Scanning Solutions
Scandit Launches ShelfView For Better Retail Management
Retail is the primary industry that can leverage real-time shelf scanning solutions such as ShelfView to boost operational efficiencies, reduce costs, expand workforce capacity, a…
CategoryBusiness
AI-Powered Retail Inventory Solutions
Albertsons Will Use Afresh Technologies for Smart Ordering
The retail industry can benefit from the implementation of AI-powered inventory management systems to help reduce waste and optimize ordering practices.
CategoryBusiness
Grocery Store Data Trackers
Amazon Launches New Retail Data Tracking System, 'Store Analytics'
The Store Analytics platform disrupts the retail industry, allowing physical stores to compete with online retailers using real-time data tracking.
CategoryBusiness
IoT Food Freshness Monitors
Grocery Chain Giant Eagle Taps SmartSense to Implement New IoT System
IoT-based temperature monitoring can help improve food quality and safety in grocery and supermarket chains.
