Manthan caught up with Tony to learn more about his thoughts on how technology is shaking up the retail world....
Manthan caught up with Tony to learn more about his thoughts on how technology is shaking up the retail world.
The impressive growth of artificial intelligence and machine learning technologies in the past few years, have fueled the beliefs that AI might become capable enough to challenge or replace human intelligence altogether. But that is not going to be a reality anytime soon, at least not in the retail sector. Although, we have seen many […]
Manthan caught with Doug to understand firsthand, a retailer CMO’s perspective on the impact of technology in the retail industry.
If your business is still on batch data processing you have a hole in your pocket. And its making you lose money, fast. The biggest disadvantage of batch processing is that it creates a time delay.
Most of the time, restauranteurs cannot put a finger on whether it is the food or the ambiance or the crowd or the service or the mood in the restaurants that makes them popular. But data science can decipher what works for your business.
Retailers have a treasure trove in their retail trade data, which if shared with the suppliers though proper data sharing platforms can generate a steady revenue stream.
In order to learn what’s new on the retail subscription horizon we asked several experts to share their favourite subscription model idea with us.
Improved visibility and streamlined processes can help retailers optimize safety stock levels. It will not only improve inventory management and assortment at store level but also bring accuracy in demand forecasting.
Retailers can better utilize supplier funds for promotions, share promotion insights real time and recover the investments made for promotions much faster with portal based collaboration.
If there is one reason as to why retail companies can have a healthy bottom line, it is because of their ‘like-for-like’ (LFL) growth. But sustaining growth in the LFL stores is a challenge faced across geographies and retailers.