Every once in a while, a unique technology application causes a paradigm shift in an entire industry. Take GPS trackers and sensors, which made our commutes more efficient, or cloud technology which changed the very idea of data storage.
Internet of Things technologies brings real-time visibility to the supply chain. With a sensor-based digital supply chain, businesses can transform how they manage products and shipments across channels. To do so, companies need the right strategy.
Every couple of months a new term is introduced that takes the industry by storm only to disappear as quickly as it appeared. See what jargon joined the ranks of omnichannel, unified commerce and digital transformation as retail’s buzziest.
Retailers that want to make their own investments in technology should take notes of the retail as a service (RaaS) capabilities Amazon, Microsoft and Google are developing — and how they can use this technology to bring customers back to actual checkout counters.
With eCommerce continuing to disrupt the brick-and-mortar store business model, traditional retailers must offer shoppers a transformed, modern retail experience to stay relevant. The first step is getting their retail execution fundamentals right.
Lee Holman, IHL Group; David Dorf, Infor Retail; and Joe Skorupa, RIS News discuss the trends and technology that will play a major role in 2019. The trio of industry leaders also review the results from RIS’ annual Retail Technology Study.
There has been a lot of discussion about the digital transformation of retail, and yet the concept is so all-encompassing that it can be a challenge to keep track of what it really means, where you are in the journey and how it directly applies to your business.
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