Retailers must continually and
responsibly reset the business to thrive
in a world that’s changing fast. From
consumer behaviors
and market trends to competitive dynamics
and the economic outlook, today’s reality
is unlikely to be tomorrow’s. Retailers
are grappling with factory shutdowns,
stressed supply chains, sourcing scarcity,
and even extreme weather. This is the
nature of modern retail. And it will be
from now on.
While retailers are swimming in data that
can help them make sense of this complex
landscape, functional silos and a lack of
strong data governance make it difficult
to get enterprise-wide data insights. So
retailers are missing the big picture—they
need to be truly data-driven and realize
their retail digital transformation.
