Retail Challenges 2023: From Chaos To Agile Management

According to a recent report by Accenture, retailers’ margins are once again heavily impacted by a historic rise in energy costs and inflation, unprecedented in the last 50 years: a whopping 7.8% in cost increases during 2022!

In the context of crises such as the one we are currently undergoing, inaction may cost businesses dearly. Decision makers need to assume that new uncertainties are here to stay, and with this in mind, define appropriate strategies to address rising costs, supply chain chaos, demand volatility, assortment optimization, and omnichannel. Many companies have already taken the lead in initiating forward-thinking transformations of their processes and operations.

With the dawn of a new all-digital era in the retail industry, Centric Software specialists have compiled testimonials from different change leaders and identified five key challenges driving current transformations, all of which lie at the heart of distribution processes.

To read our full report, just fill out the form below. You will get specific details on strategies that will allow your business to:

• Determine the impact on margins to keep your company’s profitability under control
• Switch to dynamic and agile supplier management
• Master the planning strategy and react quickly to hazards
• Provide the right product, in the right place, at the right time, in the right quantity
• Take advantage of digital to respond to new consumer habits

And finally, how to achieve all this with the help of next-generation solutions!