Although enabling agility, optimizing efficiency and driving sustainability are not new value-driving capabilities, technologies such as robotics, analytics, digitization and block chain are critical to enabling these capabilities for next-generation sourcing enterprises.
As a precursor to the age of artificial intelligence (AI), the current era of advanced business intelligence (BI) can give retailers better visibility into channels inside and outside their organizations and how consumers engage with all of them.
Retailers must modernize their pricing technology infrastructures to account for each location’s competition, inventory levels and other related information to optimize each specific shop based on its own unique circumstances and data.
Making smart technology investments can deliver tremendous value to retail stores, to optimize staffing, increase inventory turns, enable secure frictionless transactions, and to empower store associates to become effective brand ambassadors.
With unified enterprise systems for greater inventory visibility, algorithms designed to gain deeper product and customer insights, 3D for faster and more efficient design
and development, and much much more, this year’s Innovators are addressing and fulfilling consumer demand.
The top-performing public apparel firms are working diligently to meet consumer demand with innovative product, fast delivery and seamless experiences across channels, while facing down the challenges of a swiftly changing retail world.
From sustainability and artificial intelligence to automating workflows, doubling down on fit technology and perfecting patterns, this year’s innovative cohort shows that there’s no wrong way to move your business forward and rise above the competition - even as the stakes get higher every day.