Scan-based trading is a consignment business model in which you, the retailer, only pay for products after they are sold. Instead of purchasing inventory upfront, suppliers maintain ownership of products until they are scanned at checkout. This means lower inventory costs, data-driven inventory control, and minimized shrink risk for retailers.
It allows retailers to go asset-light and experience-heavy, leaving more resources to invest in convenience, personalization, and value-add experiences for their customers.
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