Lets talk about money!

by Henna Hynynen, Head of Partnerships, Finance and Marketing , Blockstore Group

Lets talk about money.

How does the P&L look in a technology equipped self-service grocery store that automates processes across the operations from warehouse to store?

Well very different if comparing to a traditional store. Why?

Positive impact to sales can be achieved through:

• Product optimization and a selection based on the real needs.

• Opportunities for personalized offerings.

• Combining online and in-store sales channels along with different delivery options.

Significant savings can be achieved through:

• Supply chain optimization & better inventory control.

• Automation of back-office and in-store activities.

We at Blockstore are on a path to make all of this possible by the smart use of RFID and sensor techology, connected to intelligent cabinet structure and complimented with camera vision.

Our Blockstore enabled easier-to-run grocery stores are a complete solution not just a store itself so that retailers can achieve better margins and they have more opportunities to reinvest to growth and customers.