Global mobile shoppers are expected to contribute 8% of the total e-commerce market by 2015, as they are projected to spend at least US$119 billion on goods and services through their mobile phones, according to ABI Research.
A new study shows the down economy may be changing the face of retail crime. The report, sponsored in part by ADT and its Sensormatic Retail Solutions group, suggests that employees are stealing less merchandise while shoplifting or theft by consumers and gangs is on the rise.
Vineyard Vines, a mid-sized clothing lifestyle brand and retailer, is using IBM software to bridge the gap between its various shopping channels while providing customers with a more targeted and personalized shopping experience based on their purchasing history.
The changing economy has given rise to the smarter consumer, one who uses technology to make more informed buying decisions, exchange information with peers, make purchases on-the-go and shop across multiple channels.
In a perfect world, retailers would always have just the right assortment of merchandise at each store. But with tens of thousands of SKUs across thousands of stores, most retailers constantly deal with too many stock-outs. Read this white paper to learn how SAS software helps retailers create size profiles that translate into more accurate purchase orders. The paper also includes a detailed case study featuring Kohl's.
IT growth in India’s retail sector is projected to grow at a CAGR (compounded annual growth rate) of 23% during the period of 2008-2012, but will see a bit of a slowdown to 22% in 2009, down from 43% the year prior, reveals Springboard Research.
Retailers are commonly faced with the challenge of forecasting demand for items that are sold only at certain times of the year, but in high volumes. This paper suggests a compression approach for dealing with these kinds of highly seasonal forecasts using SAS software, which could produce more accurate results than forecasts based on standard time series modeling. It provides an illustrative example based on real-life data.
Teradata Corporation, data warehousing and enterprise analytics company, announced the availability of its first SaaS solution.
Oracle recently released the Oracle Demand Signal Repository to deliver comprehensive, integrated solutions for consumer product manufacturers. The new software enables companies to leverage external demand data to lower out-of-stock
Indian apparel and retail company Madura Garments recently implemented a Lawson Fashion PLM, a web-based suite of applications, in order to streamline its operations across all its branches in India.
Knowledge Central Multiple
Knowledge Central
Global mobile shoppers are expected to contribute 8% of the total e-commerce market by 2015, as they are projected to spend at least US$119 billion on goods and services through their mobile phones, according to ABI Research.
A new study shows the down economy may be changing the face of retail crime. The report, sponsored in part by ADT and its Sensormatic Retail Solutions group, suggests that employees are stealing less merchandise while shoplifting or theft by consumers and gangs is on the rise.
Customer serving organisations have always faced a demand dilemma. This paper lays out the reasons why contact centre strategy is changing, outlining the benefits of the different solutions out there, and provide practical guidance to how to move to a hosted or virtual model.
Enterprises that seek a successful move to virtualization have a number of hurdles to overcome. Not all are obvious. This paper identifies seven key things that you must know if your business is to be successful in virtualizing your mission-critical applications.
Operational risk is an ever-present challenge of the banking industry, inhibiting performance and reducing profits as banks need to keep adequate reserves of capital to cover potential losses. But in recent years, corporate wrongdoing, high-profile fraud and major process failures have put the dangers of operational risk – and the consequences of poorly managing it – in the spotlight. This case study looks at how Woori Bank in Korea went with analytics to reduce its operational risks.
Queensland University of Technology (QUT) is a culturally diverse Australian education provider with campuses in Brisbane and southeast Queensland. In 1989, QUT decided to partner with Oracle to deliver key elements of its information technology architecture. Download this free case study to know more.
