In today’s rapidly evolving retail landscape, the pressure to deliver frictionless, seamless, unified experiences is greater than ever.

Retailers coordinate orders within a unified commerce structure, managing inventory across physical stores, distribution networks, and dark stores. Simultaneously, they must stand out through unique, experiential shopping experiences and ensure their workflows align with ever-changing shopper expectations.

All of this must be achieved without compromising sustainability goals, making the path to retail excellence both demanding and dynamic.

According to a McKinsey report, 83% of global retail executives believe that a seamless omnichannel strategy is critical for their business success. Additionally, retailers who have successfully implemented omnichannel strategies have seen a 15-35% increase in average transaction size.

This highlights the importance of integrating various retail channels to meet customer expectations and drive business growth.

Honeywell understands these challenges and takes an in-depth, consultative approach to assess retailers’ needs. We design custom solutions that drive results with your carbon footprint in mind Our extensive portfolio of emerging technologies and services caters to various retail environments, from distribution centers to innovative in-store experiences.

These solutions include:

Asset Management:

Effective asset management is crucial for maintaining smooth operations and meeting customer expectations. Asset management involves tracking and managing physical assets, such as inventory, equipment, and technology, to ensure they are used effectively. Asset management is essential for optimizing supply chain operations, reducing costs, and improving overall productivity.

Key Aspects of Asset Management:

• Inventory Management: prevent stockouts and overstock situations.
• Data Accuracy: Ensuring that data related to assets is accurate and up to date.
• Maintenance and Lifecycle Management: Planning for the replacement or disposal of assets at the end of their useful life.
• Compliance and Risk Management: Ensuring that assets are managed in compliance with relevant regulations and standards. This includes tracking and documenting asset usage to meet legal and safety requirements.

Payment and Scanning Technologies:

Efficient payment and scanning technologies are essential for streamlining transactions and managing inventory effectively. Payment technologies not only enhance the customer experience by reducing wait times and improving accuracy, but also provide retailers with valuable data to optimize their operations.

Key Aspects of Payment and Scanning Technologies:

• Speed and Efficiency: Reduces checkout times, decreases errors, and enhances the overall shopping experience.
• Integration with Inventory Systems: Maintain accurate stock levels and avoid issues such as stockouts or overstocking.
• Data Collection and Analytics: Gain insights into buying patterns, optimize inventory levels, and make informed business decisions.
• Security and Compliance: Protect customer data and comply with industry requirements.

Employee Assistive Technology:

Employee assistive technologies are designed to support employees in their daily tasks, streamline operations, and improve overall performance. By leveraging advanced tools and systems, retailers can empower their staff to work more effectively, leading to better customer service and increased revenue generation.

Key Aspects of Employee Assistive Technology:

• Task Management and Automation: Automate routine tasks, allowing employees to focus on more complex and value-added activities.
• Real-Time Communication and Collaboration: Coordinating tasks, sharing information, and responding quickly to customer needs.
• Training and Development: Technology can be used to improve employee experience.
• Mobility and Flexibility: Increase flexibility and ensure access to the information they need when they need it.
• Data-Driven Insights: Identify areas for improvement, optimize workflows, and make informed decisions.

Unified Communications and Integrated Oversight:

Maintaining seamless communication and oversight across all levels of the organization is critical for operational efficiency and customer satisfaction. Unified communications and integrated oversight technologies enable retailers to keep their teams connected and responsive in real time, ensuring that everyone has the information they need to perform their tasks effectively.

Key Aspects of Unified Communications and Integrated Oversight:

• Real-Time Communication: Allow for quick and efficient information sharing.
• Integrated Systems: Various communication channels and business systems into a single platform
• Centralized Oversight: Enabling proactive decision-making and issue resolution.
• Enhanced Collaboration: Foster better collaboration among team members, regardless of their location.
• Scalability and Flexibility: Ensuring flexibility and adaptability as the business grows.

Commitment to Sustainability:

Honeywell is committed to becoming carbon neutral in our operations and facilities by 2035. We have a detailed plan to achieve a 50% reduction in the US by 2030 from our 2018 baseline. Our own business transformation is driven by leveraging Honeywell technologies, ensuring we lead by example in sustainability, also helping our customers to reach sustainability goals through business automation and reducing waste.

Conclusion: Join Us at NRF 2025

As we are facing a new era of retail, staying ahead of the curve requires innovative solutions and a commitment to excellence. Honeywell’s comprehensive suite of productivity solutions—from asset management and payment technologies to employee assistive tools and unified communications—empowers retailers to meet the demands of modern consumers while achieving operational efficiency and sustainability goals.

We invite you to join us at NRF 2025 to explore how Honeywell’s cutting-edge technologies can transform your retail operations. Visit Honeywell at Booth #3538 to see live demonstrations, speak with our experts, and discover tailored solutions that can help you thrive in an increasingly competitive market.

Don’t miss this opportunity to learn more about how Honeywell can support your business transformation. Book a meeting with us today and take the first step towards a seamless, sustainable future in retail.

We look forward to seeing you at NRF 2025!