The holiday season, or shall we say the ‘shopping season’ is fast approaching. This year, the ecommerce sales in U.S. alone are expected to grow by 11.2% as compared to last year, amounting to a total estimate of $149 billion. As per McKinsey, US customers spent a record $850 billion in the weeks between last Thanksgiving [...]
Market research and analysis has always been an integral component of the strategy-making process. Since the time when businesses’ focus shifted from what-we-want-to-sell to what-customers-actually-need, data started gaining prominence. However, data was not as easily available as it is now. Data collection used to be an extremely tedious process [...]
As enterprises are becoming more consumer-focused, they are formulating strategies that takes care of the needs of their customers. The businesses today are centering their attention on delivering maximum user satisfaction. In the time when quality weighs above everything else, businesses need to ensure that they live up to [...]
The rising cost of patient care have resulted in the emergence of consumerism in healthcare. Today, patients expect a retail-like experience from their healthcare providers in exchange of the dollar bills they are spending. With this rapidly growing consumerism mindset of patients, the care providers must shift their care-delivery strategy [...]
With the digital awakening of the world, speed has surpassed size in terms of value and necessity. Customer loyalty has become old news. The modern consumers are more quality oriented than brand oriented. They would go where they will get quality products and valuable experiences, at speed. As customer-centricity has [...]
Amazon is reportedly testing a hand-scanning payment technology for escalating the checkout process at its Whole Foods outlets. Such a system will have the capability to complete a payment in less than 300 milliseconds. The hand-scan system leverages biometric information for payment authentication to eliminate the need for a [...]
Digital transformation is the high-hanging fruit that all industries are trying to grab. Many embarked on the journey quite some time again and are approaching maturity. Others are just starting out, seeing that it is inevitable and counterproductive to an organization’s success. In order to drive higher efficiency and productivity [...]
Microservices have been in vogue since the term was first coined back in 2011. Microservices architecture is alleviating businesses worldwide from their woes and worries of managing massive software applications. These monolithic applications were highly restrictive in terms of scalability, technology stack and framework, and maintenance. A minor change [...]
Continuous attention to technical excellence and good design enhances agility. This mantra for enterprise agility has always been publicly available as one of the twelve principles on which the Agile manifesto was defined. The question is, despite it being in existence for almost two decades, why aren’t more enterprises [...]
“You will not find it difficult to prove that battles, campaigns, and even wars have been won or lost primarily because of logistics.” – General Dwight D. Eisenhower This statement by General Eisenhower aptly summarizes the value that logistics industry beholds. From military operations to retail, logistics is the key [...]
