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Open for Business with Bjoern Peterson, Sensormatic Solutions: The Physical Store and Inventory Accuracy Post Crisis

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Coresight Research

What's Inside

Part of the Coresight Research & Blue Yonder Open for Business  webinar series, we present the transcript from our conversation with Bjoern Petersen, President of Sensormatic Solutions, on June 3, 2020. As business leaders are managing their companies through the coronavirus crisis, we are working to stay engaged with, and facilitate an open dialogue for, companies of all sizes. This webinar offered insights into retail challenges and technology solutions in the context of the coronavirus pandemic and beyond.

The discussion covered the following key topics:

  • The impact of Covid-19 on Sensormatic Solutions and essential and nonessential retailers, from supply chains to consumer demand
  • The shift toward e-commerce
  • Issues for the physical store around returns and shrink
  • The importance of RFID and other technology in achieving inventory accuracy

In addition, we reviewed responses from webinar attendees to a live poll around demand forecasting and loss prevention. A Q&A session also prompted conversation around how retailers can best position themselves to gain actionable, real-time inventory insights—with Petersen sharing his advice on technologies and change management.

Click here to watch the video recording of this webinar.

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