In retail, IMU stands for “indirect merchandise units.” This term is used to describe the number of products that are not sold directly to the customer but rather through another party. So, for example, if you sell a shirt to a customer, and they then go on to sell it to someone else, it would be counted as an IMU. This blog post will discuss What is IMU mean in retail, how it is calculated, and why it is essential for retailers!
What is IMU?
An IMU is short for Inertial Measurement Unit. Usually, it refers to a microelectromechanical system (MEMS) that consists of sensors that measure acceleration and angular velocity, and sometimes the magnetic field surrounding the device is embedded. The data from these sensors is used to estimate the orientation of the IMU. Most IMUs also contain a gyroscope to help filter out the noise and improve the accuracy of the estimated direction.
IMUs are used in various applications where it is necessary to know the orientation of an object. For example, many modern drones and robots contain an IMU to help them stabilize and navigate. Some video game controllers also have an IMU that tracks the controller’s motion to translate it into movement on the screen. Additionally, many smartphones and virtual reality headsets now contain an IMU to track the user’s head movements and provide a more immersive experience.
IMU is important for retailers because it allows them to track inventory and sales in real time. This information is critical for ensuring that shelves are stocked with the right products and that sales goals are met. IMU also provides retailers with valuable insights into customer behavior, which can be used to improve the shopping experience and drive more sales.