#electronicshelflabels

Datallen Electronic Shelf Labels | ESL Development Kit Unboxing

Get hands-on with the Datallen 4-Color ESL Sample Kit, featuring various ESL sizes,  and essential accessories.

Perfect for retailers exploring dynamic pricing, inventory management, and digital transformation. Watch now to see how it works!

A recent study has found that if retailers reach the global sustainability goal of zero food loss by 2030, they could reduce the amount of wasted food by up to $1 trillion dollars worldwide. Smart electronic shelf labels (ESL) are one of many ways that retailers can help meet this goal and make their supply chains more efficient and sustainable.

The UN Sustainable Development Solutions Network found that limiting global warming to under 2 degrees Celsius by the end of the century will require rapid, far-reaching and unprecedented changes in all aspects of society including business and industry. As companies begin to feel more pressure from consumers to reduce their carbon footprint, one area being investigated as a possible solution is electronic shelf labels (ESLs). ESLs are the latest in retail technology designed to enable easy product identification, communication between retailers and customers, and interaction with other technologies used within retail settings.

Here’s how they can do it...

1) Increasing sustainability with eSLL

Retailers can use electronic shelf labels for a number of reasons, but primarily as a way to increase sustainability. An eSLL system increases the efficiency and accuracy of inventory management by automatically updating, showing, and processing product data in real time. This also reduces the amount of time spent on managing inventory, which saves employees' time and helps retailers meet their goals of reducing waste and consumption. With an easy-to-use interface and customizable reports, it is possible to track sales trends and patterns quickly. The key benefit of using an eSLL is that they are more efficient than paper labels because they save money while simultaneously increasing productivity.

2) Efficient management of supply chain data

Retailers can use electronic shelf labels to help with the efficient management of their supply chain data. These labels can help them easily track how quickly products are moving off the shelves and where things are moving slower. They can also use these labels to find out which items are not selling well and focus on those areas more in the store. This information can be used to make better, more informed decisions about stock and replenishment.

3) Reducing time wasted on documentation

Inventory is a company's lifeblood. With the right tools, retailers can better manage and account for their inventory. This will save them time and money, which can be reinvested into the business or donated to charity. One such tool is electronic shelf labels that use RFID technology and are read-only, meaning that they cannot be written over.

4) Bringing efficiency to the management and processing of invoices

Electronic shelf labels (ESL) also known as radio frequency identification (RFID) tags, can be used in a number of ways to help retailers optimize their inventory management. ESLs are small, lightweight and cost-effective. A variety of ESLs are available, each with a specific use. For example, passive RFID tags can be mounted on the back of products or on shelves and read by an RFID reader when it is within range.

5) Reducing costs by streamlining processes

Electronic shelf labels can offer many benefits for retailers, including a reduction in costs. By using the latest technology, retailers can better control inventory and spend less time on tasks like labeling and re-labeling shelves. This will save them money both in manpower costs and the cost of supplies, as they won't need to use paper or printers so often. Another way this type of label system can help retailers is by providing them with more data on consumer preferences. Using bar codes, these labels provide real-time information that gives retailers access to customer preferences.

6) Focusing on reducing damage and returns through better information

Electronic shelf labels are becoming more popular as a way for retailers to provide customers with better information, while also reducing the negative impacts on their business. It's no secret that many shoppers have been returning items they don't like. The last thing retailers want is for customers to purchase an item and then return it later because they didn't realize how big or small it was, or what color it would be in different lighting.

7) Reducing waste by improving stock tracking, forecasting and replenishment

Stock-outs, the inability of a store to meet customer demand for particular products, are a major problem for retailers. They result in lost sales and dissatisfied customers. However, electronic shelf labels can help retailers reduce waste by improving stock tracking, forecasting and replenishment. An electronic label that tracks inventory levels on shelves will tell retailers when they need to order more of a product, reducing out-of-stock incidents. These devices can also forecast future demand for an item based on historical data (e.g., trends). As a result, the retailer can order enough product in advance to avoid running out of supply on busy days or during key selling periods.

8) Becoming more efficient through better planning, scheduling, replenishment and delivery services (e.g. order-to-delivery times, early warnings of high demand)

Retailers are always looking for ways to improve their in-store operations and increase efficiency. If a retailer notices a product is flying off the shelf, they may be able to cut down on wasted inventory by ordering more of that item. If a product is not selling, it can help if the retailer has early warnings of inventory shortages so they can order less of those products.

Electronic shelf labels can help retailers with many aspects of their business including better planning, scheduling, replenishment and delivery services. With electronic shelf labels, retailers can find out what's popular and what's not. They can also identify the items most often out of stock or least profitable. With this data, they can make adjustments to stock inventory levels more quickly than ever before. Additionally, electronic shelf labels help manage pricing across different regions and stores because everything from price to quantity is visible at a glance on the label itself.

9) Meeting compliance requirements (e.g. ISO 14000, ISO 50001 or similar standards)

When shopping in stores and you find a product you like, you probably are looking for a price tag. If they don't have one attached, then you may ask a store clerk to find out the price to decide if it's something you want. Sometimes, it's hard to see the price tag on the shelf and even harder to read the numbers printed on the tags. That's why electronic shelf label manufacturers are coming up with better ways to label their product tags by using electronic tags that are easily readable.

Electronic shelf labels are a boon for retailers, enabling them to display information about a product that can be changed based on the season or the time of day. They're also useful for ensuring customers know which aisle to find a particular item in, making it easier for them to find what they're looking for when shopping. Electronic shelf labels are used in a variety of retail environments. They provide several benefits to both consumers and retailers, including:

Faster Checkouts: Electronic labels allow customers to scan items as they shop, speeding up the checkout process.

Better Inventory Management: Electronic labels can be configured to display stock levels on individual items or entire shelves, helping retailers manage inventory more effectively.

Reduced Theft: Electronic labels reduce theft by preventing customers from removing items without paying for them.

The global electronic shelf label market is projected to reach USD 6.4 billion by 2024 from USD 4.3 billion in 2019, at a CAGR of 5%. The market growth is driven by factors such as increasing e-commerce and retail sales, technological advancements in the industry, and an increase in demand for personalized products from customers. However, high investment costs associated with the installation of electronic shelf labels may hinder the market growth during the forecast period. The major players in this electronic shelf label supplier market include:

Pricer

SES Imagotag

MinewTag

Altierre

Displaydata

Teraoka Seiko

eslmfg

Pricer

Pricer is committed to providing the highest quality ESL solutions. their team of experts has decades of experience in every step of the process from labeling system development and management, to maintaining warehouse efficiency through barcode scanning solutions. Pricer provides cloud-based SaaS solutions for retail businesses across different industries, including grocery, fashion, home improvement, automotive, medical supplies, and beauty & personal care. Pricer helps retailers manage their inventory accurately and efficiently by providing real-time information about supply chain management and merchandising on all digital screens throughout the store.

SES Imagotag

SES Imagotag is one of the largest manufacturers of electronic shelf labels in Europe. The company was founded in 1986 and has grown to become one of the biggest players in this field. It offers an extensive range of electronic shelf labels that can be used in multiple areas including retailing, pharmaceuticals, industrial goods, and food production. SES Imagotag also provides software that can be used with its electronic shelf labels to ensure they always provide accurate information.

MinewTag

MinewTag Company provides the most genuine and best quality service, to become the top supplier of Electronic Shelf Labels in China. To meet this target, our company develops, promotes, and improves its products. We also cooperate with some of the world's leading companies on new product development, with a focus on high innovation, high performance, high service, and high quality.

MinewTag is your professional online supplier for Electronic Shelf Labels. Our mission is to provide you with the best electronic shelf labels, and E-inks signages at a competitive price, as well as dedicated customer service.

Displaydata

In the global shelf tag supply, Displaydata is leading the market with a share of more than 25%. The company has been active in this market since 2008 and is one of the leading players in this market. It offers products such as digital shelf labels, digital price labels, and digital shelf label systems. The company provides its customers with turnkey solutions through its design and manufacturing capabilities or partnerships with world-class technology partners.

Teraoka Seiko

Teraoka Seiko is a provider of weighing labeling equipment. It offers products such as E-label printers and E-label printer controllers. The company also provides services such as operation consultation and support, maintenance work, and spare parts supply.

Altierre

Altierre is a company that develops ultra-low-power wireless technology, primarily to connect various remote objects in buildings such as manufacturing facilities. Through their patented technology, the company has aimed to build a smart and intelligent building that makes use of sensors to optimize energy, water, and other resources. Through the use of ultra-low-power wireless technology, Altieresolutions can sense and monitor any remote object in a building. their vision is to provide systems that make life safer, easier, and more productive for people everywhere.

Takeaway

Electronic shelf Labels have carried many advantages to retail, office, medical services, and so forth. If you have any desire to apply it to your business, you might require more data. Today, we'll discuss fundamental advantages you should know about Electronic Shelf Labels (ESLs).

What Are Electronic Shelf Labels?

Electronic shelf Labels are advanced remote presentation frameworks utilized by retail locations to show item costs. Assuming that you apply ESLs to your stores, they will be straightforwardly associated with your store's ERP and POS machines to decrease the work cost of cost administration, further develop estimating precision, and backing dynamic evaluating.

With the improvement of electronic labels, more applications have been determined, for example, brilliant table cards or advanced nameplates in office scenes, gathering cards or patient data cards in clinics, and so on.

Uses of Electronic Shelf Labels

Throughout the long term, computerization has been acknowledged by the retail business and ended up being helpful to retailers, which has prompted the reception of electronic shelf Labels in many retail locations, (for example, machine stores, corner shops, retail chains, and grocery stores). The utilization of computerized shelf Labels empowers stores to carry out powerful evaluating arrangements, disposing of manual activities, accordingly lessening work.

With the ascent of electronic labels, different businesses have likewise seen their significance. MinewTag's ESL arrangements have been carried out in different fields like savvy medical services, brilliant office, shrewd distribution centre. We effectively assist organizations with further developing office proficiency, assisting stockrooms with accomplishing proficient administration of inbound and outbound items, and assist emergency clinics with refreshing patient data progressively.

Advantages of Electronic Shelf Labels

The electronic label utilizes electronic ink to show the value and is associated with a PC information base. With this naming innovation, changing the in-store cost becomes as straightforward as entering another cost in the product and clicking "send".

These electronic labels have many advantages to retailers, the greatest of which is completing constant unique valuing in the store and building an overall encounter to further develop client unwaveringness. Additionally, different enterprises favour electronic labels since they assist with further developing productivity.

Would you like to find out about the benefits of those computerized labels and how they can assist with developing your business? The following are five reasons you ought to think about the interest in ESLs.

The Benefits of ESLs

Show More Information

ESLs Track Customer Movements and Patterns

Save Paper and Plastic

More Accurate and Save Employees Time

Electronic Price Labels Help Prevent Showrooming

Retailers Stay Greener and Reduce Inventory Loss

Prepare your store by continuously looking forward and knowing the future of retail. There is new innovation coming out each year and it merits watching out for it regardless of whether you're not prepared to change your store immediately.

Electronic Shelf Labels have been one of the most exciting improvements to impact the business in recent years (ESLs). These "electronic" price tags display a price using e-ink and are linked to a computer database.