As retail continues to become digitized, one intersection of opportunity is revamping supply chain management to connect popular trends and bring data driven insight into retail strategies. Recently, OpenText’s Mark Morley — Director, Strategic Product Marketing for Business Network — took time to answer questions about how supply chain management can shape retailers’ use of AI and more.
In an age where millennials are constantly checking the tag for the right size and price, they’re also looking for a values match; high-quality, sustainable items that match their budget, as well as where it came from and how it was made.
A lot of companies say they are developing packaging for ecommerce shipping on an ad hoc basis, usually as Amazon specifically requests them to do so. But with the pace and scale of change happening in retail, no one can afford to wait to start thinking more systematically about how they’re shipping packages to consumers.
It’s never too soon to begin thinking about the holiday shopping season. As more businesses are choosing to follow retail and outdoor recreation services corporation REI’s lead and “opt out” of Black Friday, brands have a unique and unprecedented opportunity to reach consumers in innovative ways.
Consumers are clamoring for user-generated content (UGC), but providing it can be difficult. George Eberstadt, CEO of TurnTo Networks, recently took time to discuss the benefits of UGC, how to use it effectively, and more in a Q&A with RetailITInsights.com.
Chris Rogers, Panjiva Research Director, recently took time to answer questions for RetailSupplyChainInsights.com about supply chain-related challenges retailers are facing and how to overcome them, what the future of the supply chain looks like, and more.
When you’re selling to multi-location retailers, the challenges go beyond the point of sale. The world of retail security, data and payments is growing more complex—all three are blending together in the solutions that your customers expect today. Every ISV has a tough decision to make: They can broaden their focus, or they can keep their attention on their core expertise and partner with a company that helps them in other areas. The two options offer a different set of benefits and challenges.
Traditional punch clocks were the first time clock systems to be used to track employees time and attendance. They typically work this way: an employee punches in and out of work with a paper punch card. While they are simple to use, they do not protect businesses from time theft and profit loss. In the restaurant industry, this fact can be especially troubling, with employees working all different types of shifts, unlike a more traditional 9 to 5 scenario. Keeping track of time and attendance in the restaurant industry can be a real headache, especially if owners and operators are relying on outdated equipment.
With online retailers soon locking down their code for the upcoming holiday season, one thing they surely will want to guarantee is shoppers aren’t discouraged from visiting their site.
Artificial intelligence (AI) is a huge buzzword with nearly half of retailers having near-term plans to use it for improved shopper experiences.
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