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

  • Source: Symphony EYC
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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.

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The Big Picture: A Comprehensive Approach to Talent Management

Talent management is an ever-evolving challenge for HR professionals. Acquiring the best talent from the largest candidate pool in history is a difficult task, and competition is fierce, while the traditional performance review cycle is no longer adequate for evaluating the roles and needs of employees. Managers must ensure that not only are they able to find the right individual for the job, but that they are also proactively retaining, engaging, and preparing top performers for leadership roles.

Meanwhile, talent demographics are changing dramatically. In 2015, members of Gen Y, or “millennials”, will outnumber baby boomers in the workplace for the first time. Generation Y employees thrive under adaptive talent management that utilizes social collaboration and recent technological advances, something that talent tactics of the past may not be adapted to.

Talent management is thus more complicated than ever, and it’s no wonder HR professionals need help to find the right people with the right skills at the right time and keep them engaged. Talent management systems can help HR professionals create and sustain a competitive advantage. This white paper looks at some factors for talent management success in today’s challenging talent landscape, including how talent solutions can leverage business intelligence and analytics to create and sustain a competitive advantage. Read More

Modern Finance In The Digital Age: Plan and Predict Best Practices

The “3rd platform” continues to be a driving force of change within the global business economy and investors are increasingly more interested in businesses that can leverage big data. For the financial well-being of a company, implementing best practices for planning and prediction based on big data is crucial.

All aspects of business must keep pace and respond to changing forecasts and markets, creating value with the use of digital technologies. In developing uniformity of high-quality information across departments, as well as the ability to access data anywhere, businesses become more efficient. Generating operational data from a range of users within your company enables your finance organization to develop forecasts, business plans, and future models as well as market strategies. When planning applications are more strategic, teams are better able to predict and plan for the next move.

In today’s world of big data and quickly shifting international business markets, CFOs must understand that success depends on the ability of businesses to embrace and use digital information. In this white paper, learn how to develop best practices by replacing outdated and complicated spreadsheets with new modern applications that provide support to a variety of users, not just those involved in finance. Also learn how drive planning can be facilitated by cloud-based applications, and how to adopt driver-based rolling forecasts to allow for faster decision making.  Read More

Modern Finance In The Digital Age: Plan and Predict Best Practices

The “3rd platform” continues to be a driving force of change within the global business economy and investors are increasingly more interested in businesses that can leverage big data. For the financial well-being of a company, implementing best practices for planning and prediction based on big data is crucial.

All aspects of business must keep pace and respond to changing forecasts and markets, creating value with the use of digital technologies. In developing uniformity of high-quality information across departments, as well as the ability to access data anywhere, businesses become more efficient. Generating operational data from a range of users within your company enables your finance organization to develop forecasts, business plans, and future models as well as market strategies. When planning applications are more strategic, teams are better able to predict and plan for the next move.

In today’s world of big data and quickly shifting international business markets, CFOs must understand that success depends on the ability of businesses to embrace and use digital information. In this white paper, learn how to develop best practices by replacing outdated and complicated spreadsheets with new modern applications that provide support to a variety of users, not just those involved in finance. Also learn how drive planning can be facilitated by cloud-based applications, and how to adopt driver-based rolling forecasts to allow for faster decision making.  Read More

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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

Retail Today: Understand. Anticipate. Inspire.

  • Source: SAP
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Today more than ever, retailers are faced with the challenges of selling locally while competing globally. To be successful, they must provide a shopping experience that inspires customer loyalty. Retailers that understand their customers’ shopping habits can build strategic global supply chains that anticipate demand. One way to achieve this is with a scalable technology platform based on industry standards. Read More

New Possibilities In Retail Technologies for Small to Mid-Size Retailers: Leveraging Total Retail Solutions Based on Collective Retail Intelligence

Most retailers can no longer compete on price alone; however, integrated retail solutions built on Microsoft SQL, and OPOS and ART Data Model standards offer a competitive advantage. They support holistic systems that integrate point of sale, enterprise, and even warehouse management functions, to deliver better service to customers. Read More
 
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