GreyOrange, a prominent provider of supply chain robotics and AI technology, has launched a pioneering virtual shielding technology termed SoftFence, accessible via their gStore retail software as a service (SaaS) platform. Designed to elevate store execution, gStore facilitates real-time inventory
The comparison between e-commerce and brick-and-mortar retail models has become increasingly significant as consumer behaviors evolve and technology continues to reshape the commercial landscape. This article delves into various aspects of each retail model, analyzing revenue potentials, cost
Rite Aid's strategic transformation after emerging from an 11-month period in bankruptcy presents an informative case of leveraging data to revamp business models. This article explores how Rite Aid has utilized data analytics to optimize operations, enhance customer loyalty, and meet contemporary
Retailers increasingly face a persistent issue known as "phantom inventory," where system records show items as available that are not actually in stock. This discrepancy can lead to lost sales, customer dissatisfaction, and a cascade of operational headaches. Enter RELEX Solutions' True Inventory,
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
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
