With far-sightedness and visionary thinking
With a corporate history spanning more than 150 years, Umdasch stands as a testament to our enduring legacy, showcasing both our steadfastness and corporate history. However, the long history also underscores our adaptability and innovative prowess.
Adjusting, evolving with the trends, and even potentially redefining ourselves when needed. The audacity to embrace change is essential, and in today's context, it stands as one of our key attributes.
Our visions encapsulate our innovations, mirroring our perception of the future while simultaneously illuminating the trajectory we must traverse alongside our customers to reach those horizons.
Innovation rate 2021
In 2021, the revenues derived from all innovations within the umdasch Store Makers Group accounted for approximately 15 percent of their total sales revenue.
Willingness to innovate 2021
Around 3 percent of the group's revenues were allocated to investments in innovations during 2021.
Digital Retail Solutions
We are continuing to invest into the development of our Digital Retail solutions since already 37% of all consumers prefer technology to be integrated into the in-store journey.
Source: Retail Technology Show: Retail Revolution: 5 Trends Redefining Retailing (2022), page 7
The market for self-scanning and self-checkout solutions is growing rapidly. Together with our partners of SHOPREME we are excited to see the number of stores that are offering such solution triple until 2027.
Source: Retail Optimiser
How is it applied?
Consider the umdasch eXperience Platform (uXP), for instance. This cloud-based software solution effectively orchestrates, connects, and assesses the digital interactions within a store and across branches. Operating as a central hub, uXP seamlessly integrates the ERP system, digital signage components, electronic price labels, customer loyalty apps, and IoT store furniture, streamlining their management for users. This advancement signifies the integration of digitalization into every retail establishment.
However, a simpler solution exists, one that will metamorphose your shopping experience into something enjoyable once again.
Are you familiar with "Scan&Go"? It's a straightforward process where you scan your items, place them in your shopping cart, and then pay digitally via an app as you exit the store, eliminating the need for checkout queues. Does this sound unusual? It's actually a glimpse into the future! The concept of self-checkout has come to life through the Scan&Go solution offered by our partner SHOPREME.