Competing in a Big-box World: How Retailers Can Leverage Technology to Thrive in Today’s Retail Environment

  • Source: Symphony EYC
  • Written By:
  • Published:
  • (Originally Published On:) )
Industry analysts and retail executives agree that, although competitive prices are a must, “low price” as a leading strategy will no longer lead to long-term business success. To successfully compete, midsized retailers must carve out a niche based on creative strategies, including better and more localized product assortments, flawless price management and execution, and optimized inventory down to the store level.

Featured Software Research:

Reaping the Benefits of Next-generation Dashboards

The old approaches for collecting, assimilating, and delivering business intelligence (BI) data have not kept pace with today’s increasing demand for rapid decision making. Many companies use static reports and ad hoc queries, but fewer companies use dashboards and portals—which often lack the interactivity required for navigation and visualization of business data. Learn how a next-generation dashboard solution can help. Read More

11 Criteria for Selecting the Best ERP System Replacement

An enterprise resource planning (ERP) system is your information backbone, reaching into all areas of your business and value chain. That’s why replacing it can open unlimited business opportunities. The cornerstone of this effort is finding the right partner. And since your long-term business strategy will shape your selection, it’s critical that your ERP provider be part of your vision. Read More

You may also be interested in these related documents:

PLM Trends Impacting the Retail, Footwear, and Apparel (RFA), and Consumer Products Industries

  • Source: PTC
  • Written By:
  • Published:
In today’s challenging economic environment, forward-thinking companies are looking at technology solutions that can help them weather the economic storm, and deliver long-term performance benefits. Discover four key trends that are relevant to today’s economic situation, and learn how leading retailers and brands are embracing product lifecycle management (PLM) solutions to enhance bottom-line efficiency. Read More

Are Retailers Rational Players Stuck in an Irrational Game? Changing the High-stakes Game of Retail Technology

Continuous change in the retail industry is limiting retailers’ ability to plan, forecast, price, and replenish. Thus, many retailers are facing a dilemma: they need new retail technology to adapt their processes and respond more rapidly to changing markets, but they can’t afford the up-front expenditure or lengthy implementation. But advances in new software-as-a-service (SaaS) retail solutions can help. Learn how. Read More

Organizational Readiness

  • Source: SAP
  • Written By:
  • Published:
Today’s executives have more challenges and concerns than ever, from compliance to use of technology. To thrive and ultimately excel within a competitive landscape, an organization must have a technology framework capable of meeting today’s marketplace requirements while positioning the company for future growth and challenges. Find out how to better leverage technology investments and become a best-run business. Read More
 
comments powered by Disqus