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Expert perspectives on AI, unified commerce, customer experience, supply chain, and the technologies transforming modern retail.
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OmnichannelJun 12, 2024 · 4 min read
The pandemic has forced retailers to progress 'years in months,' with omnichannel becoming central to their business model faster than most had anticipated. Retailers must stop expecting the market to go back to ‘normal’ and make permanent changes to combat the challenges and survive in the post-pandemic era.
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OmnichannelJun 12, 2024 · 4 min
The pandemic has forced retailers to progress 'years in months,' with omnichannel becoming central to their business model faster than most had anticipated. Retailers must stop expecting the market to go back to ‘normal’ and make permanent changes to combat the challenges and survive in the post-pandemic era.
Supply chainJun 12, 2024 · 2 min
Imagine a World where each and every traditional business (having a tightly integrated Distributor and Dealer network) is embracing Technology to retain his/her core identity and structure, to discover the potential to become and not lose out their essence by getting into an Online marketplace. And yet pay an equivalent of an current employee’s monthly Salary.
Brand buildingJun 12, 2024 · 2 min
Let us face it. Building brands were/are always difficult in India. Hence, we have had only few National Brands. In the Earlier days, Print, radio and television ads were prohibitively expensive. Furthermore, unreliable transportation and a complicated system of levies often meant selling countrywide was unfeasible. However, the digital revolution and GST has solved most of the peripheral problems.
LogisticsJun 12, 2024 · 4 min
Classical fulfilment and delivery management are being heavily challenged. Just-in-time and just-in-sequence have been given a shot in the arm due to technology advances in AI, ML and On the Go Mobile and Edge connected technologies. Be it excess inventory or poor implementation of Delivery becoming costly is passé. Another factor to consider is the growth of transport sector in the developing world.
OmnichannelJun 12, 2024 · 6 min
Omnichannel is the new frontispiece in the retail industry. There was once a time when customers used to visit a store, physically pick their choice amongst limited stock, validate the quality, bargain to the utmost point, and finally pay in cash.
PharmacyJun 12, 2024 · 6 min
The origins of the online pharmacy concept dates back to the 19th century. Surprising, isn’t it? Back during those days, mail-order patient medicines were in use and hence, started the concept of “be anywhere, get your medicines to be delivered to your doorsteps.
Hypermarket retailJun 12, 2024 · 6 min
With the pandemic invading our lives, there has been a swift increase in online purchases by consumers in general. If you look at one sector which has grown leaps & bounds, it is grocery & beverages. The changing consumer buying patterns and the current conditions have prompted many supermarkets & hypermarkets worldwide to adopt digital/online shopping options that likely will carry into the long term.
PharmacyJun 12, 2024 · 4 min
For nearly a century, pharmaceutical companies have been manufacturing and delivering drugs and other products in batches. One of the main advantages of using batch processing is that it helps pharmaceutical companies adjust their drug production based on market demands.
Retail strategyJun 12, 2024 · 4 min
Amidst the current pandemic situation, retailers are indeed a concerned lot. On one hand, business is impacted because of lockdowns & restrictions. On the other hand, customer preferences & expectations are changing by the day & requires retailers to adapt to newer buying behaviors quickly. In the current digital world, if a customer does not find what he needs in a retailer's aisle, he moves on and buys from another online store or a competitor store.
Retail strategyJun 12, 2024 · 5 min
In the aftermath of the Covid-19 pandemic, we can clearly see that the market landscape is shifting. This paradigm shift is all the more evident in the retail industry where a growing number of retailers are looking to incorporate digital tools & strategies into their business models to adapt to the needs of today’s customers.
Retail strategyJun 12, 2024 · 4 min
With the growth in internet and digital communications, the online market has become huge. This access to a broader market is one of the main reasons that a growing number of businesses are migrating to online services. While this is beneficial in general, there is also a significant risk involved in reaching out for the online market. For SMEs and small businesses who primarily have offline stores,
Retail strategyJun 12, 2024 · 4 min
It is a wide known fact that the global market environment has been drastically changed due to the COVID19 pandemic. And the sector that bore the brunt of this impact is the retail sector, which is highly dependent on human interaction.
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