A Look At The Benefits Of Newton Lite

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A Look At The Benefits Of Newton Lite
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Whether to switch to Electronic shelf labels or
continue using paper labels is a question that
you may be asking yourself right now. The ESLs
can help minimize your cost and maximize profits.
Once you start experiencing their benefits, you
would wish you started using them much earlier.
Here are some of the benefits that you will get
as a result of using these labels.
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First of all, using Newton lite can lead to
improved productivity. If price changes come in
large batches throughout the week in your retail
business, managing them can be challenging and
tiresome to your staff. The price changes can
result to staffing problems and force your
employees to spend most of their time on the
tasks that they do not consider to be fun at all.
When you switch to electronic shelf labels, they
will improve your staff allocation and help
ensure that your employees focus on what matters
the most - engaging and serving your shoppers.
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Another benefit that Newton lite can provide is
price optimization. The electronic labels feature
a price optimization algorithm that enables you
to adjust the prices that your shoppers pay based
on the supplier prices, buying practices and so
on. With these labels, you can make immediate
price changes based on the recommendations that
you will get in your data system. This will help
boost your revenue and growth, something that
will in turn help you enhance your profit
margins.
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Last but not least, Newton Lite can lead to
decreased inventory shrinkage. Unlike paper
labels that can easily fall off or be moved, the
electronic labels are affixed more securely to
the shelf edge. This makes it easier to spot
inventory stock outs and make sure that there is
better compliance to the planogram
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For more information on the benefits of
electronic shelf labels, visit our website at
https//solumesl.com/