Retail Industry Trends and Forecasts for 2023 and Beyond



The global next-gen supply chain market generated ~32 billion in 2019. The size of this market is anticipated to more than double by 2030.  Partner with LatentView Analytics to develop a data-driven roadmap to achieve Net Zero goals and measure, adapt and progress with real-time insights. 






Comments

Post a Comment

Popular posts from this blog

Top 6 Mistakes to Avoid In Retail Analytics Solution

Data is everywhere, driving retail analytics solutions , changing how we do business, and redefining what it means to be a customer. However, many businesses still operate in a data-aware mode rather than adapting to a data-driven mindset. What is standing in their way? The data is accessible. So why are so many companies struggling to go from data to insight to action? Here are the most common data mistakes we see businesses make:  Data Blunder #1: Betting on average-of-breed vendors Businesses often need help to part with their legacy BI tools for retail data analytics solutions . Unfortunately, clinging to these one-size-fits-all tools can prevent you from constructing a modern data stack. The issue is that legacy BI tools for advanced retail analytics solutions were designed for desktops and single-server applications. As a result, they typically do not scale as well as today's cloud-based data warehouses. Worse, traditional BI vendors must design their products with to
Read more

Top 7 Advanced Analytics Solutions for Retail Industries 2023

Image
The retail industry has been a focal point of the global economy for decades. Yet, the method of providing to fulfill demand is now different. Businesses have turned to use retail analytics solutions to increase efficiency and returns. Retail economics are getting increasingly complicated; shifting customer needs, unstable and constantly altering marketplaces, and constrictive profit margins rapidly put new limits and restraints on the market. Continually shifting trends, however, may be better understood and leveraged through comprehensible retail analytics solutions. What is Retail Analytics? Retail analytics solutions offer in-depth analytical information on key performance indicators used to analyze transactions, units per customer, sales volume, return rates, and many other things while providing valuable and practical business insights. Retail analytics is essential for marketing and procurement choices since it provides analytical data on various levels, including the supply ch
Read more