What are the key imperatives for retail leaders in 2023? Find out in this blog…
It’s no real secret that the retail industry is still reeling from the impact left by the pandemic. Decision-making has grown more complex, and planning methodologies are stretched to the breaking point. To overcome these significant challenges, retail organizations must adopt transformative initiatives to unify merchandise planning and operational decisions for faster, data-driven insights. Only in doing so can they plan better, predict more, and support customers in a highly fluctuating market that demands proactivity rather than reactivity.
The time for intelligent retail planning transformation is now.
We’re attending NRF 2023 (Retail’s Big Show) to discuss and showcase Board’s Intelligent retail Planning solutions. Read on to learn more about the event and why Board is the transformative solution retail businesses need to survive.
This year, the key theme is breaking through – an apt message for an industry that must operate smarter, faster, and more innovatively. We can already see the responses to COVID, with retailers understanding where new priorities lie regarding technology adoption and process refinement. And at the heart of all this is a transformative effort that aligns merchandising, supply chain, and operations. For retailers, knowing where to go is the next step from getting through it to breaking through!
With more than 175 sessions and 350+ speakers, NRF 2023 is truly shaping up to be an influential and important event that all retailers should take note of next year.
Driven by unprecedented levels of volatility and complexity, the gap between plan and reality is growing. For planners, the profitability zone seems to be shrinking by the transaction, day, and ultimately planning cycle.
For breakthrough planning performance, retailers need solutions that add rapid improvements to their bottom-line whilst transforming foundational planning capabilities to future-proof their planning cycles; there are three significant ways in which Board retail solutions both optimize and transform retail planning:
If you’re attending NRF 2023, join our Big Ideas session to learn how Board’s Intelligent Planning Platform is helping retailers drive resilience and breakthrough bottom-line performance. We’ll also be on hand at Booth 4039, so drop by and chat with the team.
We’ll see you there!