Top retailers pilot data-rich QR codes to sharpen private-label play
The pilots underscore how retailers are increasingly turning to technology to extract more value from their fast-growing private-label businesses. “Retailers can improve profitability only when they have clear visibility into what they have in stock, what is selling and what needs to be replenished. Better data is becoming fundamental to inventory management,” S. Swaminathan, chief executive of GS1 India, told Mint.
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