Conversations with the Retail Executive Network Advisory Board
The Retail Executive Editorial Advisory Board is back, this time answering your questions about digital strategies, customer engagement, facial recognition technology, and more.
In the age of the consumer, customers expect an FP3 experience throughout the buyer journey — one that’s frictionless, personalized, predictive, and proactive. While delivering an FP3 experience can be challenging, it is possible and can benefit your company in many ways.
In today’s highly competitive retail environment, mounting pressure can surround any brand. Consumers want convenience, quality, and transparency. Retailers want to hold their margins. Manufacturers around the globe seek to minimize costs and balance production windows with accelerated turnaround cycles. With rising demand, manual order fulfillment and inventory management processes simply won’t yield success.
Guest Column | By Amr Farahat, Washington University in St. Louis
With the madness of Black Friday and holiday shopping behind us, retailers are taking stock of inventory. Matching expensive supply to uncertain demand each holiday season — and beyond — remains a central problem they and their suppliers face.