Posts

Showing posts with the label Retail industry

Registering sales in the retail sector despite social distancing norms

Image
  Across many nations, where the newest strain of COVID-19 has made an impact, social distancing norms and isolation have been the suggested measures. Workers have been asked to work from home, cities have been placed under lockdowns and schools have been shit. People are avoiding crowded places and the degree varies based on the severity of the outbreak in the respective nation.  While the entire situation may create havoc it is also true that it sure has an invisible hand in corrections. Retailers and customers are clueless but it is a fact that the pandemic is activating solutions that might just usher in a new revolution in retail technology. The article sheds light on some of the technologies that need to be adopted to sell while the social distancing norms are on! Technology that embraces the ‘New Normal’ A survey conducted by YouGov indicated that 85% of internet users in China and a sizable 83% in Hong Kong will avoid crowded places. More than 25% of those in the US ...

Legacy software modernization has become a must for the retail industry

Image
  The pandemic has posed newer challenges in the retail sector. The sector for the past 2-3 years has already been undergoing massive restructuring because an increasing number of companies are going on the digitalization path. But with many countries already under lockdown and some stern regulatory measures, conducting retail businesses with ancient software will no longer give you the strategic advantage over your competition.  The need for Legacy software modernization Business dynamics are changing every day making it difficult to get your software capabilities to keep up with the change. But it is often your software systems that can make or break your ability to adapt, grow, and most importantly remain competitive.  As customer behavior and enterprise norms have changed, business applications do not remain constant. Retailers now have to fulfill orders in a multichannel, multitouch E-commerce environment. All of these changes point out only in one direction which is...