As seen in Today's Grocer, this article looks at how retailers should look to new technologies to link data across their retail supply chain to help keep food safe for consumers. By using Internet of Things (IoT), augmented reality applications and devices, food retailers can ensure the integrity of their materials and end products. When coupled with artificial intelligence, the data creates new insights and opportunities to improve business processes, unlock new growth...
The US FDA has now created the Smarter Food Safety initiative to leverage technology, such as Oracle Retail Brand Compliance, and other tools, to create a more digital, traceable and safer food system.
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Retailers should leverage technology to make back-to-school shopping stress-free. A few solutions are Oracle Retail Demand Forecasting, Oracle Retail Assortment and Item Planning Cloud Service, Oracle Retail Innovation Workbench and Oracle Retail Science Cloud Services.
A substantial portion of holiday-season purchases will be returned and many of these, including those purchased through a digital or online channel, go directly back to brick-and-mortar stores where the customer is expecting a frictionless return process. What does this mean for retailers in terms of inventory management, revenue and profitability?
Forecasting for the Holiday Tips. The fluidity and frequency of seasonal assortments and promotional events coupled with the high-stakes of peak season trading put even more pressure on forecast accuracy for multiple business units – from merchandising to marketing to supply chain.
Christmas is not exactly top of mind for consumers just yet but own brand managers have been thinking about their holiday assortment for the last six months and now it's crunch time to ensure products (and associated labeling) are ready to hit the shelves come fall for private label products.