Challenge: This retail company's warehouse stock was rising as stores shifted risk further up the supply chain. The retailer needed to reduce inventory levels and production lead times to better respond to rapidly shifting consumer demand.
While the on-demand economy has led to many brick-and-mortar stores declining, NXP Semiconductors reports that omnichannel services continue to grow. Smart supply chain management with advanced tracking and monitoring capabilities enabled by RAIN RFID support both short- and extended-range communication, NXP reports, and are empowering retailers to address a multitude of new use cases.
CIOs at StubHub, HD Supply, JetBlue and other leading organizations are spearheading digital initiatives to drive business growth. Here's a look at their evolving digital transformations.
In my mid 20s, I opened a pizza restaurant in my hometown. Each week, the same people would come in. We'd talk about friends, weather, politics. I got to know their likes and dislikes - who wanted extra pepperoni and who hated onions. Even though I made a pretty decent Hawaiian pie, I'm convinced I made a lot of sales just by listening and talking.
