Internet of Things makes stock checking a breeze for OTR

With an ever increasing focus on how cloud-based technology can improve efficiency in retail, one fast-moving tech company has recently assisted South Australian fuel retailer On The Run with their stock management procedures. Conventionally, manual monitoring of cold stock checking is carried out by staff intermittently, however with Internet of Things technology, RFID sensors constantly monitor the stock, enabling retailers to reduce the risk of losing stock by quickly identifying a problem with temperature before the stock is ruined.

Key Takeaways:

• The systems were deployed to automatically monitor the temperature of On the Run’s food storage systems, rather than have staff perform time-consuming manual checks every four hours, as was the standard practice prior to implementation.
• If something goes wrong and isn’t detected in time, the retailer may have to destroy a lot of stock that they are no longer permitted to sell.
• By automating this process and installing sensors, Peregrine was able to identify issues immediately, greatly reducing the risk of equipment failure and stock wastage.

“The systems were deployed to automatically monitor the temperature of On the Run’s food storage systems, rather than have staff perform time-consuming manual checks every four hours, as was the standard practice prior to implementation.”

http://c-store.com.au/2017/01/25/internet-things-makes-stock-checking-breeze-otr/