The collaboration will focus on developing systems that improve operations for retail businesses, which are faced with enormous challenges to maintain profitability and compete in an environment where consumers are more often shifting to online shopping.
The Honeywell and Intel collaboration will focus on systems that utilize the two companies' technology offerings, including sensors, handheld computers, processors, bar code scanners, RFID tags and readers and cloud-based software. These systems can help businesses track, monitor and assess the condition of goods moving through the supply chain as well as in brick-and-mortar stores.
By working together, Honeywell and Intel seek to address a range of challenges that retail and supply chain firms face as consumers are more often turning to online shopping. Retailers need greater visibility into their in-store inventory to ensure items ordered online are available for in-store pickup and to enhance customer service.
Honeywell helps retailers maximize retail marketing efforts, improve the productivity of store associates, accelerate the checkout experience and make the in-store pickup of online shopping orders a profitable venture. Retailers benefit from Honeywell's portfolio of enterprise handheld computers, scanners, printers and sensors as well as managed mobility services and cloud-based software platforms.