Assess & Analyze how different businesses are dealing with pandemic disruption When coronavirus fears intensified around early March 2020, globally, consumers resorted to panic buying – the news was abuzz with the way people were stock-piling toilet paper rolls, sanitizers, and other essential products. However, in April, the trends changed again. Having stocked up, people… Continue reading The 4As to Reinventing Retail and Supply Chain Systems in the New Normal: Part 1
Topic: Business Intelligence
Will the Impact of COVID-19, Usher in the Reign of Frictionless Retail?
Retail shopping in a post-COVID-19 world is undergoing a sweeping transformation. Prior to the pandemic, supply chains were highly stressed as they were prioritizing cost competitiveness and relying on lower-cost labor locations, often compromising on pivotal supply chain determinants like flexibility and agility. In the aftermath of COVID-19, challenges to supply chain continuity and cost… Continue reading Will the Impact of COVID-19, Usher in the Reign of Frictionless Retail?
Data to the Rescue as the Insurance Industry Grapples with the Impact of COVID-19?
Over 50% of CFOs across industrial sectors stared at an estimated 25% dip in revenue as COVID-19 tightened its grasp around the economy. This bleak financial outlook across industries has triggered a string of challenges on financial and operational fronts for the global insurance sector, as the pandemic continues to make its presence felt on… Continue reading Data to the Rescue as the Insurance Industry Grapples with the Impact of COVID-19?
Back to the Future: What’s in Store for the Logistics Market?
2019 was turbulent time for the logistics industry. There was only a 1.2% growth in merchandise trade volume growth. Stagnant global economy, trade disputes, geopolitical uncertainties, and environmental regulations,[1] created a lull. Come 2020, this scenario worsened with the pandemic outbreak. In early 2020, industry experts predicted a logistics nightmare with transportation prices and inventory levels… Continue reading Back to the Future: What’s in Store for the Logistics Market?
Connected Vehicle Technology Fuels a New Wave of Data Monetization
The auto industry aims to create a $750 billion market by 2030 by leveraging connected vehicle data for maintenance, insurance, ads, and customer experiences, requiring infrastructure, security, and tailored business models.
Anticipating Future Challenges, Adapting Swiftly & Turning Pandemic Disruption into an Opportunity for Growth
In the previous installment of the article, we looked at the different ways in which the new normal could be assessed to identify the defining market factors, and also analyzed the methods that different businesses are employing to deal with the pandemic disruption. In the second article in this series, we will look at what… Continue reading Anticipating Future Challenges, Adapting Swiftly & Turning Pandemic Disruption into an Opportunity for Growth
CPG’s Zombie Problem: Tackling Underperforming SKUs with AI
A brief history of zombies. “Zombie” products and brands—those which create a resource drain for CPG businesses by underperforming over long periods—have been around for a while. In fact, as far back as 2013, it was found that the F&B industry was incurring annual losses of £600m on R&D [1], with “zombie” and “cannibal” products… Continue reading CPG’s Zombie Problem: Tackling Underperforming SKUs with AI