When it comes to the things that you can do
in order to improve operational efficiency and profitability in your retail
business, one of the things that you
should consider is investing in digital
price tag technology. Also referred to
as electronic shelf labels, the digital price tags have a lot of benefits, one
of them being sustainability through waste prevention.
The
ESLs are not only used as price tags, but
they can also find usage in a lot of areas where paper or plastic labels
are used. These labels are available in
a wide range of sizes to best fit individual needs. For instance, in industrial
applications, they can be used to label boxes during transport or serve as
digital signage for management of rooms.
The
digital price tags are the ideal solution to digitize your processes.
Therefore, they help in reducing the
environmental impact on paper waste, especially in the areas where a relatively
high information update frequency is
applicable. Moreover, the ESLs speed up
information distribution and provide new interactivity faces, such as
BLE or NFC technology.
Apart from the obvious paper waste reduction because of
the reusability of tags, there are
additional waste reduction aspects you get when using ESL systems. The
contributing factors here include less error margins, better stock
management, more price updates as well
as the ability to quickly adjust to external influences such as weathers, news
or stocks.
Another strong point about digital price tag technology is the additional data that can be
collected using the digital price signage. This data can prove to be very
useful when it comes to further optimizing stock and managing waste in your retail business.
For more information on the benefits of
implementing digital price tag technology in your retail business, visit our
website at
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