The future of the supply chain is now, just track leaders in the supply chain space and you will see common denominators and measures of what supply chain capabilities have delivered to the business in real growth terms and how they sold the change to the C-level. Supply chain leaders can measure the actual performance contribution that supply chain made to the business; laggards can’t and tend to measure cost reduction and efficiency in isolation and silos.
Walmart tightens its supply chains to speed delivery
In years to come, the Black Friday spectacle of throngs of shoppers scrambling past each other to ransack shelves of flat screen TVs might look very different.
Yubi and DiDi Dumplings are devoted entirely to feeding you at home, with no restaurant attached.
As 2018 winds down, brands need to reshape their business model. Trends demand not just improving the customer experience, but enhancing customer expectations to redefine brand positioning. Forrester’s 2018 predictions confirm that customers and markets are shifting. With the transition to digital and transparent, it’s time for a customer revolution. The future demands the effective evolution of a new supply management blueprint.
E-commerce powerhouse aims to ramp up international expansion with strategic partners Auchan Retail of France and Taiwan’s Ruentex Group
No industry has experienced the disruption of digital transformation more than retail. Amazon.com AMZN +1.42% has upended virtually every segment of this venerable industry, well beyond the bookstores that constituted the online retailer’s original target.
Go to any supermarket store and often the long lines of queue beg for a solution. This is the tradition that consumers have come to expect and tolerate for years. A 2015 Harris Poll study, commissioned by Digimarc Corporation, revealed that 88% of U.S. adults want their store checkout experience to be faster. The Nielsen global report “Retail Evolution: Why marketing to the middle doesn’t work anymore” noted that 43% of respondents identity the ability to get in and out quickly or fast checkout (41%) as highly influential in their decision to shop at a particular retailer.
And with the growing success of e-commerce and improving efficiencies in last mile delivery, brick and mortar retailers are working to shorten the checkout processing time in an effort to improve customer satisfaction.
The retail industry has changed dramatically in the digital age where everything is connected, requiring retailers to continue to innovate to better serve customers’ diverse needs, speakers have said at a one-day summit held in Ho Chi Minh City.
According to Techopedia, Big data refers to a process that is used when traditional data mining and handling techniques cannot uncover the insights and meaning of the underlying data. Data that is unstructured or time sensitive or simply very large cannot be processed by relational database engines.