WestRock, T+ink and Intel are featuring the innovative new retail system at the National Retail Federation’s “BIG Show” through Tuesday in New York City. Limited trials of the solution will be available in early summer, with general availability anticipated in late 2016.
“WestRock is once again at the forefront of retail display systems integration, now working with one of the largest and most successful computing technology companies in the world, alongside a market leader in conductive ink technologies,” said Craig Gunckel, exec vp-Merchandising Displays and Folding Carton, WestRock. “We are now able to offer our customers a display solution that incorporates low-cost technology for inventory tracking, making it possible to better serve consumers shopping for products from cleaning supplies to beverages and snacks.”
The new display solution uses T+ink’s patented technologies to enable retailers and brands to access real-time inventory data. This real-time visibility helps measure sales velocity, identify low and out-of-stock conditions, and reduce shrinkage. Additionally, the three companies will be demonstrating dynamic pricing through electronic shelf labels, which make it possible for merchandisers to price products based on inventory levels, velocity and competitive promotions.
The interactions coming from the Smart Shelf and Smart Peg are being processed through Intel’s powerful and scalable Intel® Quark™ processors for IoT. The Intel Quark SoC X1000 is Intel’s lowest-power, secure SoC (System on a Chip), designed to bring intelligence to the network edge and reduce development costs for securely managed IoT endpoint devices. Integrating T+ink’s conductive ink technology, which sits on WestRock’s shelves and pegs, and the Intel Quark processor, Smart Retail Systems connects to the cloud through Intel-powered gateways, enabling store systems and personnel to receive real-time alerts on their smartphones and tablets.
More info: westrock.com, www.t-ink.com