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Technological Advances Enable Innovative Capabilities, Enhance Efficiencies, and Allow Forward Planning
08-Jul-2024
Global
Megatrends
PFGC-01-00-00-00
CI_2024_845
Frost & Sullivan highlights innovative concepts and advancements in the retail industry in this megatrends analysis. We profile trends that provide retailers with ease and a comprehensive approach toward business growth.
Our analysis shows that retailers are leveraging the exponential growth in advanced technology in recent years. The resulting applications include technology-powered inventory management systems, cloud-based inventory platforms, network inventory management, and purchase-to-pay automation. This study also focuses on approaches that analyze and assist in business strategy and planning, such as measuring business performance, vendor relationship management, pricing methods, and automated return logistics assistance.
Notably, Frost & Sullivan covers opportunities arising from these trends in key sectors like fast-moving consumer goods, retail, technology, health and medicine, supply chain and logistics, and industrial. By presenting use cases, this analysis guides companies to incorporate these trends into their business. The mid to long-term rating defines the future certainty and impact of the trend.
Trend 1—Automated Reordering System
Trend 1—Automated Reordering System (continued)
Trend 1—Automated Reordering System (continued)
Trend 1—Automated Reordering System (continued)
Trend 2—Cloud-based Inventory Platform
Trend 2—Cloud-based Inventory Platform (continued)
Trend 2—Cloud-based Inventory Platform (continued)
Trend 2—Cloud-based Inventory Platform (continued)
Trend 3—Rate Benchmarking
Trend 3—Rate Benchmarking (continued)
Trend 3—Rate Benchmarking (continued)
Trend 3—Rate Benchmarking (continued)
Trend 4—Supplier Relationship Management
Trend 4—Supplier Relationship Management (continued)
Trend 4—Supplier Relationship Management (continued)
Trend 4—Supplier Relationship Management (continued)
Trend 5—Demand-based Pricing
Trend 5—Demand-based Pricing (continued)
Trend 5—Demand-based Pricing (continued)
Trend 5—Demand-based Pricing (continued)
Trend 6—Network Inventory Management
Trend 6—Network Inventory Management (continued)
Trend 6—Network Inventory Management (continued)
Trend 6—Network Inventory Management (continued)
Trend 7—Return Logistics Assistance
Trend 7—Return Logistics Assistance (continued)
Trend 7—Return Logistics Assistance (continued)
Trend 7—Return Logistics Assistance (continued)
Trend 8—Procure-to-pay Automation
Trend 8—Procure-to-pay Automation (continued)
Trend 8—Procure-to-pay Automation (continued)
Trend 8—Procure-to-pay Automation (continued)
Scoring Parameters—Disruption Index
Scoring Parameters—Growth Index
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| Deliverable Type | Megatrends |
|---|---|
| Author | Sukriti Mahna |
| Industries | Cross Industries |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Future of Retail |
| Keyword 2 | Retail 4.0 trends |
| Keyword 3 | Retail innovations |
| Podcast | No |
| WIP Number | PFGC-01-00-00-00 |
Trend Opportunity Profiles Future of Retail 4.0
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