Retailers tend to view supplier collaboration as a series of short term, event-based practices.Long term, collaborative partnerships with suppliers is what they should be aiming for.
Retailers are focusing on every aspect of store operations and fulfilment systems so that they form a part of a superior,seamless cross-channel experience for their customers.
A new range of analytic applications are offering retailers an action-focused approach to efficient, outcome-driven decisions and the actual execution of these decisions.
Mobile Applications (Apps) from retailers offer high engagement and quick results to shoppers on the move and are an excellent platform for retailers to connect with their customers.
Many retailers aim to sweat their assets and continue operating with legacy systems. Modern BI solutions can help by integrating seamlessly with these and extracting valuable information from these.
Multichannel retailers have to leverage cross-channel synergies and build advanced analytical capabilities to successfully deliver consistent shopping experiences across channels.
An analytical framework to track consumer behaviour and reactions to Social Media and Mobile Commerce (SMMC) initiatives on three parameters – Thinking, Talking and Transacting.
IBM’s Watson is one in a series of path-breaking innovations that are set to trigger a new wave of evolution in BI and analytics where the lines blur between BI and AI.