Retail Express, a leading provider of merchandising solutions and services for retail, shares its expert insights into some of the principal influences that will guide decision making in the year ahead.
= Summary: Ed Betts explores the difficulty and inequality of legacy joint business planning, and reveals the ways in which retailers can revolutionise the practice Retailers and suppliers plan in very different ways, because they run very different businesses. Suppliers typically look for certainty and efficiency, given the pressures of production runs and supply chain logistics. Retailers need certainty, too, but must also be able to respond …
Algorithmic retailing enables retailers to gain actionable insights from vast amounts of data, make informed decisions, and adapt quickly to changing market conditions, thereby gaining a competitive edge in the retail industry.