INDUSTRY
Retail
Digital Transformation
for Your Retail Operations
A fast-changing space like retail requires leading, adaptable support
We have a deep breadth of experience supporting both small and large businesses. This, combined with our proprietary business system, allow us to build out robust, next-generation omnichannel frameworks, and help you to infuse AI into the core of your operations to set up for the future. We support everything from merchandising to new store openings, help you manage near endless product assortments without the need for additional warehouse space, we outline opportunities for reduced costs, and more. And we always keep in mind changing consumer trends and economic conditions, supply chain disruptions and security concerns.
Industry changes and challenges
The retail industry is facing several challenges,
some of which include:
Competition:
With the rise of online shopping, traditional brick-and-mortar retailers are facing increased competition from eCommerce companies and other digital players.
Shifting consumer habits:
Consumers are increasingly shopping online and looking for convenient, personalized experiences. Retailers need to adapt to these changing habits to remain competitive.
Supply-chain disruptions:
Retail companies rely on complex supply-chains to bring products to market. Disruptions to this system, such as the COVID-19 pandemic, can cause significant challenges for retailers.
Online fraud and security concerns:
As more consumers shop online, the risk of fraud and security breaches increases. Retailers need to invest in robust security systems to protect sensitive customer data and reduce the risk of fraud.
Omnichannel integration:
Retailers need to integrate their online and offline channels to provide a seamless shopping experience for customers across all touchpoints.
Labour costs:
The cost of labour is a significant expense for retailers, especially as the minimum wage increases in many areas. Retailers need to find ways to manage these costs while still providing excellent customer service.
Sustainability and environmental concerns:
Consumers are becoming more environmentally conscious, and many are looking for retailers that prioritize sustainability. Retailers need to consider the environmental impact of their operations and find ways to reduce waste and increase sustainability.
Retail Sector
How we
can help
Digatil provides a range of services to help retail companies improve their operations and achieve their strategic goals. By bringing expertise and a fresh perspective, Digatil can help navigate the challenges and opportunities of a rapidly changing industry. At the centre of everything we do is Artificial Intelligence and machine learning. This helps us accelerate the speed at which we can deliver results and improves outcomes.
Our retail practice focuses on the following:
Assisting With a Wide Range of Issues
Consumer Trends & Behaviors
The Liquor Retail Space
The Digatil Business System Advantage
Our capabilities, achieved through our proprietary Digatil Business System, include:
- Use of Artificial Intelligence and machine learning to provide insights and information into business problems and industry trends. It’s also utilized to create solutions and to run business scenario simulations: know what will happen before spending significant time and resources on implementations
- Conversion of the enterprise into an agile operation
- Automation across all of your business processes
- Application integration
- New low code applications
- Changes in operating models
- Risk analysis and management including the application of best practices
- Comprehensive implementation plans
- Solutions implementation and post-implementation support
- Customer analysis
- Application of big data and machine learning/AI with advanced analytics
- Regulatory compliance both domestically and internationally
Blog Posts
Why you keep throwing new business process at things, why it doesn’t work, and how to fix it
In startups, you move fast: it’s lean in all respects, from the size of teams, to budgets, to process. In the enterprise, it’s weighed down
Industry
Sub-Areas
We dig deep to find every opportunity available to put you on a growth trajectory that makes you a leader in your segment. We’ll help you implement new technologies to achieve a truly omni-channel operation. And we reduce your costs by infusing key automation at various points within your operation.
We have worked extensively within the liquor retail and wholesale space and so we have an advanced understanding of all manner of operations. From increasing product assortments and reducing costs, to just-in-time delivery, to utilizing AI and machine learning for accurate and automated merchandising, to recycling handling, logistics, government regulations, and much more, we’re here to help.
Ready to talk ...
(778) 819-7600
available from 8:00 am – 10:00 pm
Email support@digatil.com
