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Thought Provoking Consulting
2 min read
Three myths about AI in Retail
Artificial Intelligence capability has developed dramatically over the last couple of years and its adoption across retail has never been...
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Thought Provoking Consulting
2 min read
How service augmentation provides on-demand skills
The past few years have posed unprecedented challenges for retail businesses, many of which made staff cuts in the hope of surviving the...
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Thought Provoking Consulting
3 min read
Are your demand forecasts good enough?
Against most forecasts, post-lockdown has seen shoppers returning to stores and leaving online. How well did you forecast this? What does...
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Thought Provoking Consulting
3 min read
Survival to success: retail’s challenges and opportunities
Following a pandemic that has left clear scars on the industry, retail faces yet more challenges as the economic landscape continues to...
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Richard Hyman
2 min read
Proactive retail – finding the Holy Grail
Retail is under siege. Aside from the headache of inflation and how much to pass on to customers, demand is softening as spending power...
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Richard Hyman
2 min read
Inflation – a growing retail headache
The latest ONS data confirms that inflation has some way to go yet before peaking. This issue has become the major preoccupation of...
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Thought Provoking Consulting
2 min read
Retail Risk Reduction Through Data-Driven Decisions
Buyers and merchandisers need to make hundreds of individual decisions a week, the majority of which have a significant impact to the...
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Thought Provoking Consulting
2 min read
Data Science & Human Knowledge: A Powerful Formula for Forecasting Demand
At the dawn of retail forecasting, merchandisers were reliant on “gut feel” to make decisions - how they felt a product would sell likely...
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Thought Provoking Consulting
3 min read
The Risk of Poor Inventory Management: How to Leverage Smart Replenishment and Agile Allocation
Cash is king. Yes, cash transactions are important but today we are specifically talking about working capital cash. In any retailer,...
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