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Hinkmond Wong's Weblog

IoT used for Retail Inventory - Levi's in San Francisco

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Levi's and Intel are teaming up to use IoT to track retail inventory in some Levi's clothing stores. That's one way for the Enterprise side of IoT to really take off. And when jeans are being taken off (of the shelves by paying customers), that's a good thing.

See:


Levi’s And Intel Push IoT

Here's a quote:

 While improving inventory management 
through IoT strategies might seem
appealing to some retailers, avoiding
inventory inaccuracy can be just as
important. A study conducted by GS1 US
and Auburn University’s RFID Lab found
that 63 percent is the average for
inventory accuracy. The lower that
accuracy falls, the more likely the
retailer is to run into supply and
delivery issues.

So, watch IoT in the retail space as it develops, since it would be an easy thing to connect IoT sensors to store items and send the data to an IoT Cloud Service, just like the Oracle IoT Cloud Service, to have IoT data feed into existing business apps, and for enterprises to make more money.



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