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
Retail shrinkage is costing businesses billions of dollars each year, posing a dire threat to the bottom line of countless retailers across the globe. Encompassing a multitude of issues such as shoplifting, internal theft, administrative errors, and fraudulent activities, shrinkage creates a
In an era where traditional retail brands struggle to keep pace with technological advancements, FabIndia stands out as a compelling case study in digital transformation. At the center of this transformation is Dr. Vivek Rastogi, the Chief Technology Officer (CTO) whose visionary leadership and
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
The retail market in the Middle East and North Africa (MENA) is undergoing a significant transformation. With Blue Yonder leading the charge in supply chain and retail solutions, the focus is on operational agility, innovative technology, and addressing unique regional challenges and opportunities.
The digital transformation of the retail industry has taken a major leap forward with the partnership between Microsoft Corporation and Rezolve AI. By combining Microsoft's Azure infrastructure with Rezolve AI's Brain Suite, the collaboration aims to revolutionize the retail experience
