In-store Inefficiencies Cost Retail $196 Billion Annually Driven By Misordered Tech Deployments Strategies

▤ Summary

This release highlights a new Simbe and Coresight Research report on the cost of in-store inefficiencies in retail. It says retailers lose $196.4 billion annually, or 6.4% of gross sales, because they deploy technology in the wrong sequence. The report argues that retailers should establish shelf digitization first, then layer on pricing and supplier systems that depend on accurate shelf data. It also cites examples showing that digitized shelves can improve fulfillment, reduce out-of-stocks, and shift labor away from manual tasks toward higher-value work. Simbe positions its Store Intelligence platform as the foundation for this operational improvement.

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