How do we do it ?
Indian retail ecosystem is at an inflection point witnessing disruptions on multiple fronts. Rapid product proliferation, GST implementation, Digital payments & Emergence of online B2B commerce are rapidly changing the status quo in the retail eco-system. These disruptions present significant opportunities as well as risks to the retailers. For example, while product proliferation expands the customer base for the retailer, it puts significant pressure on him/her to improve the inventory control mechanisms.
Hurdles posed by these disruptions need to be over come by the retailer to successfully navigate this inflection point. Following exhibit lays out various hurdles faced by the retailer and our artificial intelligence led solution approach.