An industry expert with a ‘European mindset’
During a long and harrowing period for brick-and-mortar retail amid the extended periods of lockdowns across the world, innovation did not stop. In fact, customers are now attuned different and expect more, with cross-border E-commerce shopping and online delivery having achieved their biggest boon ever. Now off-line retail has to step up and deliver back a comparable experience to meet the new digital opportunities.
The European market and especially the so called DACH area (Germany, Switzerland, and Austria) is at the helm of retail advances, using the breakthroughs that are provided by the dedicated retail technology partner. Whilst every one of the retail tech providers makes a unique pledge, Hanshow offers customers dedicated development teams and innovations, showcased and experienced by its numerous clients in Europe.
Deploying scalable and affordable enterprise grade IoT applications in the retail industry was previously restricted by technological limitations. Hanshow has developed a SaaS solution that accelerates this digital transformation by connecting store shelves to retailers, store operators, and customers on an unprecedented scale by accommodating commercial insights of their retail business. Whilst maintaining technological leadership, Hanshow points out that it is crucial to pursue "customer-centric" and high-quality digital services including deep know-how into their partners ’ pain points.
Now, the company is increasingly building a clear and comprehensive brand image in conjunction with its European partners to share and integrate with their core business values. As such it actively promotes a localized and diverse open office team building to partake in the willingness of discussing corporate social responsibility, open entrepreneurial culture, growing emphasis placed on innovation, environmental safeguards and sustainable development, with its digital solutions enabling retail businesses to be more efficient, profitable, and sustainable.
As an example, Hanshow’s electronic shelf labels and other digital retail solutions such as Lumina LCD screens allow for a practice known as dynamic pricing, which enables stores to program automatically discounted prices at specified times to sell off soon-to-expire food items. This has been shown to reduce food waste by around 30%, especially of fresh food items.
In fact, by making sustainability a priority from the supply chain to product shipment to the product lifecycle to recycling, Hanshow addresses reducing the environmental impacts of its business through out the entirety of its operations, and constantly delivering efforts in the area of sustainability shown in its 2022 Sustainability Report.