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Lets talk about money!

Updated: Sep 1

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.




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