Articles
Eight Strategies To Transform The Economics Of Retailing
December 21, 2009
•White Paper: Eight Strategies To Transform The Economics Of Retailing
By Oracle Retail
The past 10 years have been a period of profound change in the retail industry. Information technology has affected everything, from the most casual customer interactions to the shape of complex supply chains. Industry structures and the macroeconomic climate have also changed dramatically. Some retailers have been able to take advantage of the worldwide demographic shifts and falling trade barriers that have opened new markets and created low-cost sourcing opportunities. For others, the primacy of the discount retailer and the commoditization of broad categories have forced executives to rethink core value propositions, streamline operations, and employ creative strategies for growth that go beyond simply opening more stores in core geographies.
Although these ongoing changes have contributed to challenging times, they are also creating new ways to compete. Retailers now have unprecedented opportunities to transform the economics of their business and achieve breakthrough results—with creative strategies enabled by powerful technology.
Following are eight business and technology strategies that are designed both to meet today's challenges and seize tomorrow's opportunities.
Click Here To Download:•White Paper: Eight Strategies To Transform The Economics Of Retailing
