Retail Critical Issues

Analysis from Beaming, the business ISP, reveals that businesses in the UK were on the receiving end of 146,491 attempted cyber attacks each, on average, in the second quarter of 2019.

By Raphaël Bertholet, VP R&D, Retail Software Division, Symphony RetailAI.

Historically, demand forecasting using traditional, manual methods has proven laborious and complex.

A new report launched by Blis, the real-world intelligence solutions provider, has found that innovation in bricks and mortar stores will breathe new life into the fragile status of the high street.

The June 2019 edition of Manufacturing & Logistics IT features a Special Technology Report on Demand Forecasting & Planning /S&OP

For this report, we spoke with experts from the vendor and analyst communities about recent trends and ongoing areas of development within the world of Demand Forecasting & Planning/S&OP solutions, and what users can potentially look forward to in the not too distant future.

Fast fashion retailers need to be just that, fast. Consumer loyalty towards brands in this area is driven by customers being able to buy and return items when they want them, how they want them and where they want them. While this flexibility is great for the shopper, it can be a nightmare for the retailer. The cost of surplus goods in the wrong place can be detrimental to the margins, especially if it results in a scandal surrounding stock removal.

Transport planning teams are under pressure to share more information than ever before as businesses look to increase visibility of their distribution operations, improve customer communications and remove internal silos.

By Derrick Harris, Principal Product Marketing Manager, Pivotal Software Inc.

Boarded up windows, closing-down sales and a huge growth in e-commerce retail has seen the UK’s high streets continue to suffer in recent years.

In a time of continued economic and political uncertainty - where threats against global trade either quickly materialise or fizzle out as part of hardline foreign policy negotiations - companies involved in international trade must now contend with an unprecedented amount of uncertainty and risk as the ‘new normal’.

By Matt Newton, The Access Group.

Change on the high street is being driven by physical retailers looking for their new USP in the age of digital and store staff are an integral part of this transformation.

As Monsoon seeks to join the ranks of stores slashing rents through a company voluntary agreement, ParcelHero says CVAs are simply speeding up the demise of High Street shopping and will impact on pension and investment schemes.