Artificial intelligence-powered OCR can automate the processing of sales orders, delivery notes and invoices in the retail and e-commerce industry. The extraction of relevant data and its integration with inventory management and order fulfillment systems can help organizations optimize their operations, improve order accuracy and increase customer satisfaction. OCR scanning of retail documents such as product labels, invoices and shopping documents facilitates the automation of inventory management and pricing processes. Thus, more efficiency is achieved in areas such as inventory tracking, product analysis and customer service. OCR, which greatly facilitates retail operations, provides businesses with comfort and time savings. One of the sectors where developing OCR technology benefits the most is the retail sector.
Why is OCR Important in the Retail Operations?
In the workflow of most enterprises, information is received as printed media. Storing and managing this high volume of paperwork requires a lot of time and space. Although paperless document management is the ideal method, scanning a document as an image also poses difficulties. This process requires manual intervention, it can also be laborious and slow. Moreover, the process of digitizing the contents of this document creates image files in which the text is hidden. Texts in images cannot be processed by word processing software in the same way as text documents. Then, using this data, you can perform analyses, simplify operations, automate processes and increase productivity.
Advantages of OCR in the retail operations
Searchable text Decryption
It can automatically process the text database by using data analysis software for further information processing.
Operational efficiency
You can increase productivity by using OCR software to automatically integrate document and digital workflows into your business. You can find some examples of what OCR software can do here:
Scanning to automatically verify, review, edit and analyze manually filled-in forms. This allows you to save the time required for manual document processing and data entry.
Finding the necessary documents by quickly searching for a term in the database without having to manually review the files in a box.
Convert hand-written notes into editable texts and documents.
OCR Usage areas
They are devices used in broadcasting houses, schools and classrooms. It is a tool for transferring the read information to the computer. Optical reader and optical forms are actually a whole. The fact that both products have high quality helps to make the reading process seamless and in the most accurate way. For this reason, it is very important that the selected products are in harmony with each other. It is entirely related to the device that the device does not give an error while reading, that it transmits the correct results and that the paper does not get stuck in the reader. For this reason, attention should be paid to the quality of the selected devices and forms. The speeds of optical readers may also vary depending on their quality. The section called the input tray is the section where the forms are placed. The optical form capacity that this section will receive may also vary depending on the device. For this reason, the capacity and reading speed of the selected optical form reader are of great importance. When making these choices, you need to take into account your needs. Marking options may also vary. The bird’s pen or ballpoint pen can be read by optical readers. In accordance with the number of optical forms you will use, you need to pay attention to the response capacity of the optical form reader. The tray capacity of certain optical readers is quite small. If you are doing a large school or a general exam, it will take time for the optical reader to read the forms. Some reader trays have a capacity of 30, while others have a capacity of 500. For this reason, the purposes and ways of use are important. Tray readers with a large capacity should be preferred for those who want to save time and complete the process in a short time.
