Managing the catalyst behind world-leading retail supply chains
Retailers now have a wealth of technologies at their disposal that are helping them overcome many critical challenges across the supply chain. Nevertheless, turning this patchwork of technologies into a holistic solution that can be truly leveraged by an organization’s professionals to drive business performance often entails another set of challenges entirely.
Technology solutions are unlocking new levels of agility and operational efficiency in the retail supply chain
The tyranny of choice
Given the possibilities presented by technology, the direction for retailers should be clear. The pace of innovation in the market can make it difficult to stay abreast. However, executives face pressure to deliver, meaning they must navigate through a complex web of considerations.
Grounding technology solutions in the retail supply chain
All too often, technology projects become too focused on the technology itself. While we know that technology is a significant enabler in many modern solutions, your project must, first and foremost, remain a retail supply chain project, focused on business problems and carried out in full collaboration with your tech and procurement teams. We see 3 stages as crucial to building lasting technology solutions:
Framing the challenges & opportunities
This first stage is often the most important and, at the same time, the most challenging. Working through three simple stages can help create consensus about the path forward.