Unified commerce shopping concepts require more functional capabilities than ever before. Despite a significant growth in technological capabilities, adoption of transparent cross-channel inventory has yet to become a reality at most retailers.
While the desire is strong, it’s not easy to replace legacy systems, realign processes, expand associate visions, and completely overhaul traditional processes. Developing a strategy and roadmap for offering a real-time view of retail is now essential for success. Analytics will play a key role by evaluating and incorporating available insights into smarter inventory planning and allocation decisions that greatly enhance outcomes.
The Boston Retail Partners 2014 Merchandise Planning and Allocation Survey explores the current state of the industry and how technology is shaping retail capabilities. The report highlights the priorities, processes, tools and strategies of today’s retailers, and reveals windows of opportunity for retailers as they evolve into enhanced business models that support the growing need for unified commerce.