Retail expert Charlie Chase recently participated in a private unplugged discussion about disruption challenges with retail executives hosted by the Retail Council of Canada. All quotes have been edited for maximum clarity, and participants have been de-identified. The last two years have created a major disruption for retailers and consumer
Tropical Storm Ana, which formed in May this year, officially made 2021 the seventh consecutive year that a storm formed before the season's designated start. Since then we have seen a number of storms, representative of an increase of severe weather over the past few years, especially as we remember
What if you had a technology solution that creates a real-time link between the customer demand signal and what's happening on the ground? What if plans that are being steered centrally could finally be connected to every shipping lane, while simultaneously, creating cost saving carrier adjustments? The first-of-its kind integration
Almost everyone enjoys a good glass of wine after a long day, but did you ever stop to wonder how the exact bottle you're looking for makes its way to the grocery store shelf? Analytics has a lot to do with it, as SAS demonstrated to attendees at the National
As you will have read in my last blog, businesses are demanding better outcomes, and through IoT initiatives big data is only getting bigger. This presents a clear opportunity for organisations to start thinking seriously about how to leverage analytics with their other investments. Demands on supply chains have also
Artificial intelligence is the attention-grabbing, overhyped, shiny object that every organization is searching to make use of. Yes, it is overhyped, but it’s also very real and very powerful. “We do not want to add to the hype. We do not want to add to the confusion. We want to
This Is the latest installment in my series of posts dedicated to describing IoT applications in retail. Why do I want retailers to move more quickly in their widescale adoption of IoT in the coming year? Because I'm confident they'll see results, and these use cases help explain how. As
Until recently state-of-the-art for trade area analytics still meant analyzing historical store sales by location, together with some Nielsen market data to select merchandise assortments and allocation. Contrast that with the upcoming holiday season where retailers know where and how demand is initiated, and use that new understanding to create
Just last week, Walmart announced that they'll be testing inventory management robots. These robots will cruise store aisles, scanning shelves to identify out-of-stock products and other issues. According Reuters, Walmart is testing these camera-equipped robots in a handful of stores, but plans to expand the test to 50 stores. We
‘Quality‘ means many things to many people. It’s subjective and depends on the industry and product being made, but the fundamental objective is to provide the best product to the right standard associated to fit, form and function. And cost and required profit margin must also be taken into account.
