Edge computing for smart retail inventory management – Complete Phd and Masters Thesis

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Introduction

Edge computing has emerged as a powerful technology in recent years, enabling businesses to process and analyze data closer to the source rather than relying solely on traditional centralized cloud computing. This has significant implications for smart retail inventory management, where real-time data processing and analytics are essential for optimizing inventory levels, improving customer experiences, and increasing operational efficiency.

This thesis explores the potential benefits of edge computing for smart retail inventory management, focusing on how this technology can enhance inventory tracking, forecasting, and replenishment processes. By leveraging edge computing capabilities, retailers can make more informed decisions based on real-time data insights, leading to improved inventory management practices and ultimately, higher profitability.

Chapter 1: Introduction
1.1 Introduction
1.2 Background of study
1.3 Problem Statement
1.4 Objective of study
1.5 Limitation of study
1.6 Scope of study
1.7 Significance of study
1.8 Structure of the Thesis
1.9 Definition of terms

Chapter 2: Literature Review
2.1 Overview of edge computing in retail
2.2 Current trends in smart retail inventory management
2.3 The impact of edge computing on inventory optimization
2.4 Edge computing technologies for inventory tracking
2.5 Edge analytics for demand forecasting in retail
2.6 Benefits and challenges of implementing edge computing in retail
2.7 Case studies on edge computing in smart retail inventory management
2.8 Comparison of edge computing vs. cloud computing in inventory management
2.9 The role of IoT in enhancing edge computing capabilities
2.10 Future directions and research opportunities in edge computing for retail

Chapter 3: Research Methodology
3.1 Research design
3.2 Data collection methods
3.3 Data analysis techniques
3.4 Sampling techniques
3.5 Ethical considerations
3.6 Pilot study
3.7 Instrumentation
3.8 Limitations of the study

Chapter 4: Discussion of Findings
4.1 Overview of data analysis
4.2 Comparison of findings with existing literature
4.3 Key insights and implications for smart retail inventory management
4.4 Recommendations for future research
4.5 Practical implications for retail industry practitioners

Chapter 5: Conclusion and Summary
5.1 Summary of key findings
5.2 Contribution to the field of smart retail inventory management
5.3 Practical implications for retailers
5.4 Limitations of the study
5.5 Suggestions for future research

Thesis Overview on Edge Computing for Smart Retail Inventory Management

Edge computing has emerged as a transformative technology in the retail industry, offering new opportunities for optimizing inventory management practices. This thesis explores the potential benefits of edge computing for smart retail inventory management, focusing on how this technology can improve inventory tracking, forecasting, and replenishment processes. By leveraging edge computing capabilities, retailers can make more informed decisions based on real-time data insights, leading to enhanced customer experiences, operational efficiency, and profitability.

Chapter 1 provides an introduction to the topic, including the background of the study, problem statement, objectives, limitations, scope, significance, structure of the thesis, and definition of terms. Chapter 2 presents a comprehensive literature review on edge computing in retail, current trends in smart retail inventory management, the impact of edge computing on inventory optimization, edge computing technologies for inventory tracking, edge analytics for demand forecasting, benefits and challenges of implementing edge computing, case studies, comparison with cloud computing, IoT integration, and future research opportunities.

Chapter 3 outlines the research methodology, including design, data collection, analysis, sampling, ethical considerations, pilot study, instrumentation, and limitations. Chapter 4 discusses the findings from the study, including data analysis, comparisons with existing literature, key insights, implications, and recommendations for future research. Chapter 5 concludes the thesis with a summary of key findings, contributions to the field, practical implications for retailers, limitations, and suggestions for future research directions.

Overall, this thesis aims to contribute to the growing body of knowledge on edge computing for smart retail inventory management, offering valuable insights for both academics and industry practitioners seeking to leverage this technology for improved inventory management practices.

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