Inventory Management for Retail Applications Using IoT Systems
Vadivukkarasi K1, Ritherton C2, Vignesh M3, Vishrut S4, Aravindan K5
1Vadivukkarasi K, Department of Electronics and Communication Engineering, SRM Institute of Science and Technology, Kattankulathur (Tamil Nadu), India.
2Ritherton C,. Department of Electronics and Communication Engineering, SRM Institute of Science and Technology, Kattankulathur (Tamil Nadu), India.
3Vignesh M, Department of Electronics and Communication Engineering, SRM Institute of Science and Technology, Kattankulathur (Tamil Nadu), India.
4Vishrut S, Department of Electronics and Communication Engineering, SRM Institute of Science and Technology, Kattankulathur (Tamil Nadu), India.
5K. Aravindan, Department of Electronics and Communication Engineering, SRM Institute of Science and Technology, Kattankulathur (Tamil Nadu), India.
Manuscript received on 18 June 2019 | Revised Manuscript received on 25 June 2019 | Manuscript published on 30 June 2019 | PP: 54-58 | Volume-8 Issue-5, June 2019 | Retrieval Number: D6478048419/19©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The retail sector has grown tremendously over the past century. Retail shopping has now become a part of our everyday life. There are two main players here: the retailers and the customers. The retailer’s main objectives are to obtain maximum sales with minimum operating costs. Customers will want to check for the availability of the product, and get to know its details beforehand. In this paper, we use Internet of Things (IoT) technology to integrate networked information systems with real world entities. It connects objects such as smartphones, sensors, etc with the cloud where the data is stored. When a product is selected for purchase, its details are displayed upon scanning its RFID tag and the product quantity is updated in the cloud once the purchase has been made. With this data, the retailers can keep track of the stock of each item, and restock items that are less in quantity. Customers can check for the availability of a particular product on the mobile application. This will save time for the customer in case a product is not available at a particular store. For the retailer, it will ensure that they never run out of stock of a particular product. This setup can be implemented in retail stores of varying sizes.
Keywords: Cloud, Customers, IoT, Retail, Shopping
Scope of the Article: IoT