Category Archives: retail automation

Automated Retail Systems and Retail Automation

The automated retail industry is one of the two core technology showplaces today (financial Services being #2).

    • Emerging technologies such as robotics, lockers, digital signage, vending and automated vending lead the way.   Amazon and Google revolutionize physical delivery. OuterWall has another great idea (or not).
    • More mature retail technology includes interactive displays, next-generation POS,  mobile interplay, multi-touch, kiosks for self-service, video services, and customer service technology.
    • Companion technologies include ATMs, kiosks, Advanced ATMS,  NFC and thin client.
    • Standards – here we have more regulatory guidelines in play along with more standards than any other industry. PCI, OPOS, JPOS, MPOS,  HIPAA, ADA, UL, CE just to name a few.

6 Things Good to Know About Paying With Cash

Good article on Kiplinger on six considerations for using cash. Excerpt —  From PayPal to Bitcoin to Samsung Pay (the newest contender among mobile wallets), advances in payment technology make pocket change look as if it’s headed for the history books. But according to a 2012 study from the Federal Reserve Bank of San Francisco, 40% of an… Read More »

Why We Sold Outerwall

Article from Seeking Alpha by Strubel Investments lays out Outerwall and its businesses exactly as they are (and have been). Worth a read for sure. Summary Outerwall looks cheap but poor management makes the company unattractive. Company’s variable cost structure means it can thrive with declining sales. Despite attractive core business model management has wasted over $250M on… Read More »

Retail automation – Why cash handling is important for the retail industry

In the financial services industry, the term “cash handling” is commonplace. Everyone – from the C-suite down to each individual worker, knows the value of quality cash handling and money management. However, in the retail industry, the importance of cash handling can slip through the cracks.

Source: arca.com

The mobile phone crowd likes to dismiss cash but, not so quick…

Robotics Video – Boston Dynamics and Spot

New Video From Boston Robotics Boston Dynamics is an American engineering and robotics design company founded in 1992 as a spin-off from the Massachusetts Institute of Technology. Headquartered in Waltham, Massachusetts, Boston Dynamics is a wholly owned subsidiary of the Japanese conglomerate SoftBank Group.   https://mashable.com/2017/11/14/bossa-nova-inventory-robots-funding/#ql6xsv7fkgqA Amazon To Open Robotics-Based Warehouse Robotics, automation play a big role in… Read More »