Consumers are placing higher importance on sustainability to live eco-friendlier lives, and companies from the retail, consumer packaged goods and apparel industries are adopting sustainable practices in response. As consumers continue to place an emphasis on purchasing products from companies that “go green”, sustainability can be a competitive differentiator.
Both Flipkart and Amazon announced record-high sales in their respective festive season sales in 2019, driven by significant growth in non-tier-one cities and towns. In this report, we look at the success of this year’s Big Billion Days and Great Indian Festival shopping holidays.
5G promises many benefits, including lower latency, higher reliability and greater energy efficiency than previous generations, enabling faster data transfer for improved efficiency and a better customer experience.
Flipkart’s annual Big Billion Days (BBD) shopping festival kicks off September 29 and will run for six days this year, through October 4.
Retailers face challenges with steadily rising consumer expectations around online convenience, rapid delivery and cross channel integration. Micro fulfillment centers offer a cost-effective solution to reach more customers faster and more reliably.
Gamification in supply chain and inventory management training can motivate employees. To be effective, gamification training programs should be well designed, have clear objectives and be able to provide real-time feedback and rewards.
In this report, we continue our Retail-Tech Landscape report series, which spotlights innovative retail-tech companies that are disrupting the retail industry. This retail-tech landscape covers innovation in the supply chain, featuring start-ups in addition to a few more established companies that are disrupting the current scenario.
Supply Chain Briefing: Chief Supply Chain Officer Role Emerges to Improve Efficiency and Oversee Supply Chain Operations
The role of CSCO is relatively new, but we’re seeing more companies in retail and apparel hiring CSCOs to oversee their increasingly complex supply chain operations. Leveraging a CSCO role offers many benefits for forward-looking companies.
Supply Chain Briefing: Robotic Process Automation Brings Productivity and Precision to the Supply Chain
RPA offers numerous benefits to supply chain operations and the retail industry. Companies such as Walmart and Walgreens have adopted RPA. With RPA’s promise of greater efficiency, increased productivity and greater, we expect to see more retailers adopt this technology.
Fast retail is Coresight Research’s term for a new approach to retail featuring shorter leases, more shared spaces and more short-term stores. In this report, we profile the prevailing major fast retail formats in the US, ranging from pop-ups to marketplaces.
Most Coresight 100 retailers witnessed a decline in consumer spending, which translated into poor sales and inventory buildup in comparison to the same quarter last year. Tariffs and strategic investments also drove inventory accumulation.
Alibaba’s flash sale and group buying platform Juhusuan introduced an updated version of Jutudi, an initiative to offer fresh farm produce at a lower price. Tmall launched an experiential center to invite brands to connect with customers offline.
While the concept of the digital twin has been known in manufacturing for some time, it is still relatively new to consumer retail. But we see vast potential as the industry moves into the era of the Internet of Things.
Machine learning generates insights from data to help retailers make better decisions and predictions and improve operations including inventory management and last-mile delivery.
3D design technology helps retailers better meet fast-changing consumer demand, while also improving product quality and cutting costs. The technology is already helping many companies in fashion and furniture create new product designs more quickly and with higher precision.