CGN Edge Blog

Creation Of Retail Magic

 

WHY IS EVERYONE GOING “IoT” ?

The Internet of Things (IoT) is the new “abracadabra” in the retail world. The technology has been around for at least 25 years, though the technology has only just matured, and is creating an impact on retail businesses.

 

Modular Sourcing Improves End-to-End Supply Chain Efficiency

Companies operating globally, in a wide range of markets, cater to various needs of customers, with different requirements.  This requires having the flexibility to offer a large variety of products, which increases complexity, costs, and efficiency.  Companies need to develop a strategy, to manage offering these wide varieties of products, with an increased standardization of components.

Traditional product design within product life-cycle management (PLM), focuses on integrating product requirements into design, but fails to address the need for variants without increasing complexity.

Mergers & Acquisitions: Supply Chain Network Design & Integration

By Dhinesh Selvaraj

Mergers and Acquisitions (M&A) is a common phenomenon these days, involving consolidation of companies or assets. For instance, the recent acquisition of Broadsoft by Cisco Systems will help Cisco provide broader solutions to its clients and grow, in terms of subscribers, product portfolio, revenue, and size. It takes a lot of detailed financial analysis, and a huge negotiation process, involving many M&A firms – investment banks, law firms, accounting firms, consulting & advisory firms, before successfully sealing the deal, to perform post-merger integration activities.

Building Your Blue Ocean Strategy

By Surpriya Garg & Jith Rabindranath

 A blue ocean represents all industries not in existence today, as an unknown market space, untainted by competition. In Blue Ocean Strategy, demand is created, rather than fought over. There is ample opportunity for growth that is both profitable and rapid. There are two ways to explore a blue ocean.

5 Ways To Optimize Retail Point Of Purchase Display Production & Store Delivery

Since 76% of all purchase decisions are made in-store and 68% of retail purchases are impulse driven, retail point-of-purchase (POP) displays represent one of the strongest Marketing vehicles to influence shopper behavior, sway brand loyalty, and ultimately increase sales.

When displays are not optimally produced and fulfilled, the results are waste, lost sales, competitive weakness and lower marketing performance. Companies spend billions every year on displays and other forms of POP.  Yet many do not know or realize the potential savings and operational improvements at every stage in the process. An end-to-end cross-functional approach, involving all company and vendor stakeholders, reveals hidden waste and inefficiencies, enabling higher optimization, greater control of merchandising programs and increased return on investment.