The Indian auto retail industry is grappling with an unprecedented issue as unsold passenger vehicle (PV) inventory has surged to record-high levels. As it stands, the unsold inventory has ballooned to 7.9 lakh units, with an astonishing market value of ₹79,000 crore. This alarming rise in unsold v
As the 2024 holiday season approaches, retailers are significantly focused on improving inventory management and understanding evolving consumer behavior to ensure a smooth shopping experience. Recent data from the 2024 Supply Chain Confidence Survey by Manhattan Associates indicates that, despite
Walmart's recent announcement centers on automating its regional distribution centers (RDCs) in Searcy, Arkansas, and Buckeye, Arizona. This bold move is a component of a broader strategy aimed at significantly enhancing efficiency and accuracy across the retail giant's U.S. supply chain.
The retail industry is undergoing a significant transformation due to advancements in artificial intelligence (AI). Over the last 15 years, AI has gradually evolved within the sector, starting with AI-powered virtual assistants on major retail websites. Today, AI influences multiple facets of
In today's marketplace, it's common for consumers to encounter the same product being sold at different retailers, often at varying prices. This phenomenon can be perplexing, igniting questions about the reasons behind these discrepancies. The primary driver behind this trend is the
Walmart Inc. is in the midst of modernizing its regional distribution center (RDC) network by incorporating innovative robotics and software automation technology from Symbotic LLC. This extensive initiative aims to revolutionize Walmart's supply chain and achieve a higher level of efficiency
