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The power players of retail transformation: IoT, 5G, and AI/ML on Microsoft Cloud

CIO

Retail customers are looking to achieve net zero goals by creating sustainable value chains and reducing the environmental impact of their operations,” says Marianne Röling, Vice President Global System Integrators, Microsoft. “TCS’ With 5G-enabled smart mirrors, a person can virtually try on apparel.

Retail 158
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How is AI Used in Retail Business?

Exadel

A StyleMatch app by Asos has a catalog of more than 80,000 items from a range of brands with a feature that enables customers to find matching apparel. Zara, the world-renowned apparel retailer, generated 254$ million in net sales in Q2 2020. The promo analytics tool helps to plan promotions. Benefits of AI in Retail.

Retail 52
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The Retail Renaissance

Capgemini

In the US this amounted to a $430 billion downturn in retail revenue, according to NRF estimates , with a 58% reduction in foot traffic across retail industries, and a more than 37% drop in online sales for apparel and footwear. In Germany, the fourth largest economy in the world, there was a 25.7%

Retail 52
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Reverse Logistics: The Role of Software in Returns Management

Altexsoft

Reporting and analytics. We have a separate post dedicated to supply chain analytics that you can check out. So, it’s important to have a robust analytical module with a variety of reports and practical dashboards. An apparel brand increases efficiency by 900 percent. That has increased net recovery (vs.

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Turnover Ratio, Return Rate, Shrinkage, and Other Inventory KPIs to Manage Your Stock

Altexsoft

For example, it’s typical for apparel items that are left in stock at the end of the season or, say, digital devices after the new version is launched. It’s also useful to track customer-related KPIs like net promoter score and employee-related metrics like labor cost per item. What does it show? Analyze trends and changes.

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Software Engineering Daily: Feature Flags with Edith Harbaugh

LaunchDarkly

The apparel company? JM: Logi Analytics is an embedded business intelligence tool. Create, deploy and constantly improve your analytic applications that engage users and drive revenue. Logi Analytics is used by over 1,800 teams, including Verizon, Cisco, GoDaddy and J.P. It’s an embedded analytics tool.

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CIOs: Catalysts to promote sustainability through collaboration

CIO

Apparel maker Vuori uses its data to drive sustainability goals regarding waste reduction, its carbon footprint, and managing raw materials. Reporting and analytics are key to measuring your success and sharing that progress internally and externally.