Adopting emerging technologies is crucial for fashion companies that want to increase their margins, reduce their environmental footprint, and slash unsold inventory.
As trends like social commerce and personalization continue to proliferate, more APIs will be necessary to “wow” customers with exceptional shopping experiences.
But there's a security risk.
Data from Gallup’s “State of the Global Workplace: 2023” shows that U.S. engagement sits at a meager 31%, with nearly 50% of workers looking to leave their current positions.
The healthcare industry's digital transformation will have a profound impact on the supply chain in 2024. Adoption of modern technologies will lead to increased automation and efficiency.
One challenge stalling manufacturers' ability to cut carbon emissions is a lack of data, with supplier information notoriously hard to obtain. Solving this problem is a top priority.
By embracing technology, implementing pandemic-learned strategies, and fostering collaboration, retailers can ensure their shelves remain stocked, their customers are satisfied, and their businesses remain resilient.
Remnants of a COVID-disrupted supply chain, economic choppiness, and pressure to lower prices have backed manufacturers up against a wall, and forced them to reconsider their approach to offshoring production.