The Economist, in 2017, referred to data as “new oil”, the one ingredient every business needs to drive the world ahead. Covid, classified as a “black swan” event, shook the entire social and economic status quo, and further emphasized the importance of intelligent data analysis and smart decision-making. Brands and retailers had to take a… Continue reading Recover from post-pandemic data & sales loss with smart merchandising
Creating a highly competitive retail supply chain depends on how well you’re able to control/reduce your costs. Incurring unnecessary costs can mean that your processes aren’t efficient enough, your funds are blocked in too many fixed assets, or your supply chain isn’t performing at an optimum level. These factors could pile up costs, impact margins,… Continue reading 5 sure shot techniques to reduce costs in the retail supply chain
Creating a winning product mix and depth in stores is one of the biggest challenges for the modern retailer. The rise of online shopping, and the growth of e-commerce, have made it even more challenging for traditional retailers to keep up with demand in today’s dynamic omnichannel marketplace. The rise of e-commerce has been good… Continue reading Retail assortment planning; Creating a winning product mix & depth in stores
Change is here and INCREFF is leading it.Retail has been an ever-evolving industry that has upgraded and strengthened with each disruptive change. Such disruptions pose multiple challenges with opportunities for innovation. The recent pandemic has not only accelerated digitalization but also exposed system deficiencies, highlighting the need for preparedness and resilience. According to a recent… Continue reading Increff is Gartner Cool Vendor in Retail
