With the help of the e-book, we explore the dramatic changes retail has undergone in the last few years and study the evolution of the landscape—changing customer expectations, growing competition, the ever increasing popularity of omnichannel strategy, and the role of data-driven technology solutions in shaping the future.
The priorities in retail have seen a drastic shift as the consumer expectations have evolved, making an omnichannel retail strategy powered by technology solutions the best bet for growth in this highly competitive space.
Modern retailer’s journey into the digital landscape: Customers expect new innovations in both online and offline shopping experiences and physical and digital retail marketplaces are completely connected, ushering in the era of “phygital”.
Retail woes: Identifying and overcoming common challenges: Manual processes to be digitized, turnaround times and inventory movement to be faster, cost per order to be optimized, product sourcing to be environment friendly, and establish a technical advantage over peers.
The future of retail is omnichannel: Changing consumer behaviors, the rise of e-commerce, and fierce competition are a few reasons why omnichannel retail is seen as inevitable.
Modern Dispatch Management Solution for the retail industry: Locus’ Dispatch Management Platform (DMP) is designed to attend to these aspects of last-mile fulfillment, and it does so by uncovering deep-lying inefficiencies with advanced analytics.
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