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Key Insights from NRF 2024: Navigating the Future of Retail

ToolsGroup

However, this time, the spotlight shifted from the promise of these innovations to their real-world applications on the sales floor. As an example, the current excitement around Generative AI is palpable, with its potential use cases continually expanding.

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Want the Best Supply Chain Talent? Offer the Best Technology 

Logility

for corporate and technology jobs In Germany, 780,000 additional technology specialists are needed by 2026 to meet the estimated demand Globally, more than three million cybersecurity positions were open as of 2020. Business leaders are feeling pressure. Beyond Excel. ” More Tech Doesn’t Equal More Value to the Customer.

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Power Your Business Sustainably Through Solar Energy

The Logistics & Supply Chain Management Society

A champion of green logistics, it partnered with Sembcorp to build a rooftop solar installation at their facility, Supply Chain City, at the heart of the Jurong Innovation District. For example, you will need power from your grid when your rooftop solar system is not generating power at night. Thinking Outside The Box – Fact or Myth?

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A 2024 Outlook into the Future of Retail Promotions

Cognira

The future of retail promotions is being shaped by innovative advancements, particularly in the field of artificial intelligence (AI). In this blog, we’ll explore the outlook for retail promotion management innovations, shedding light on the key trends that will redefine the retail promotion landscape this year.

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Reimagining IBP in the Age of AI

Supply Chain Trend

Specifically for supply chain, Gartner estimates are that short term planning decisions will be automated for 65% in 2026. This enormous automation gap in supply chain planning and execution is starting to be addressed by innovators and early adopters. Estimates are that 32% of work can be automated, and 42% augmented.

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Retail Apocalypse Predicted to Continue

Enterra Insights

Howland reports, “[UBS] analysts’ best case estimate is for 75,000 stores to collectively shutter by 2026, if e-commerce penetration rises from today’s 16% to 25%.” 2] Daphne Howland, “ 75K stores could shutter by 2026 ,” Retail Dive , 9 April 2019. [3] ” Surviving the retail apocalypse.

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Circularity and the future of the digital product passport

o9 Solutions

For example, detailed information about the materials that make up a product is required to achieve efficient recycling. An industry example The battery sector has been the first to develop a DPP to boost the reuse and recycling of batteries. The need for this is clear. These range from mineral extraction (e.g., 2021 ; Walden et al.,