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| Innovative Retail Technologies Digital Edition, November 2015 |
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You can’t talk about innovative retail technologies without discussing digitization. Much has been written about retail’s digital transformation and what it means for the retailers who embrace it, or worse, the retailers who don’t. Migrating to the technologies that will enable continued and improved relevance to the connected consumer is not only important, it’s expected. But let’s face it — digital transformation is a big term for what you’ve already accepted as business-as-usual over the past few years. You’re already going mobile. You’ve long been moving back office processes away from pen and paper. The question is, who’s in control?
Learn more about digital transformation's impact on retail, plus access more original content from the November 2015 digital edition of Innovative Retail Technologies. |
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| October's 5 Most Viewed Features |
| Price Wars Are Not The Answer: Win Over Customers Without Competing On Price |
By Francesca Nicasio, Vend
Between the numerous price check apps in the market and the fact that there are plenty of retailers selling the same products, it’s easy to see why many merchants get into price wars, flash sales, and outrageous discounts to entice shoppers. |
| Retailers Beware: Fake Omni-Channel Is Real |
By Andy Lloyd, NetSuite
“Omni-channel” is a hot buzzword in many industries; so it’s no surprise that so many commerce-related software vendors have draped their offerings with an omni-channel cloak. At the same time, many businesses think they can easily provide an omni-channel brand experience with their existing systems, when in fact they’re stuck in the “fomni” world. |
| The Great Disconnect Between LP & IT |
| Traditional LP technologies are being co-opted for use in other activities leading to influencers of buying decisions that would otherwise be purview of LP only. |
| Kroger Takes Innovation Into Its Own Hands |
By Matt Pillar, senior executive editor
To develop a multidisciplinary IP surveillance infrastructure that would serve LP and operations, Kroger took innovation into its own hands. |
| 5 Ways Predictive Analytics Is Transforming The Retail Procurement Process |
By Yan Krupnik, marketing manager, Retalon
Procurement is a critical part of the retail business model. It is one of the most carefully crafted processes in the supply chain, constantly being perfected as retailers continue to find new ways to optimize the process. Over the past few years, retail technology has become a hot topic. |
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| October's Top Featured Product |
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Flexible Vendor Scorecards For Performance Improvement |
| Communicate vendor performance, expectations, and details in an accurate, complete, and timely manner. Most retail organizations have siloed data across the enterprise. If aggregated, this data allows for better decision-making and provides objective information to collaborate with vendors. Compliance Networks can work with you to turn disparate data into actionable information. |
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| To Us, “Innovation” Isn’t Just Another Business Term... |
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We’re passionate about innovation because that’s how progressive retailers consistently meet consumer needs and provide a superior customer experience, regardless of channel. By focusing on the most innovative brands, we help retailers make informed decisions that will enhance their business today — and tomorrow. |
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Innovative Retail Technologies
Innovative Retail Technologies (formerly Integrated Solutions For Retailers) delivers the insight retailers need to achieve critical business objectives by integrating pragmatic innovative technology and operations solutions across the enterprise. Subscribe today! |
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