Retail

Connecting digital exponential technologies to the future of retail

The Retail Industry finds itself right in the center of disruption. Foot falls are dropping, stores are closing and traditional flagships are biting the dust. Consumers have multitudes of choices, are unafraid of making them and they are making these hyper personalised choices online. Brands too are bypassing stores and going online, straight to customers. Even as consumers become increasingly moving online, a number of categories, that conventionally appeared to be suited only for physical stores,  seem to be moving online as well. Everything is online but there too things are changing rapidly.

Consumers are increasingly seeking online, the same comfort and engagement of their senses that they would experience in a physical store. Exponential innovation in digital technologies such as AI, AR/VR, IoT, Robotics and others are not just making this increasingly possible, but also transforming that possibility into a rapidly moving target. And so everyone in retail, from brick and mortar stores to the online players are challenged with constantly having to innovate to remain competitive.

 

The business objective of every retail player is to digitize every part of the retail value chain from sales to customer engagement, store operations, security, delivery, merchandizing, warehousing, logistics, purchase and supply chain management. At WhatNext, we bring the unique capability of unparalleled insights, creative advisory and a global ecosystem of exponential technology partners to address every such unique business objective of our clients

Examples of Industry Questions that we Answer

  • How can we use digital technologies and data driven insights to transform retail operations?

  • What is the recent delta achieved in a digital technology area that can transform retail ? i.e. Digital Humans?

  • Which technology (i.e. robotics or drones or sensors) or technology combination ( i.e. Robotics & Artificial Intelligence) can address my specific business need?

  • How do we optimally adopt 5G, overall or for specific applications? What technologies do we use?

  • How can I apply technologies such as artificial intelligence, IoT, blockchain, Robotics, etc. for the purpose of circularity?

  • What are the new business models available to me because of new innovation in blockchain, AI and IoT?

  • I need technology due diligence to be conducted of a specific start-up or technology?

  • Which start-ups globally are best-fit acquisition / technology adoption opportunities for my specific business use case?

WhatNext Addresses every Retail Value Chain Area

LOGISTICS & TRANSPORTATION

INVENTORY MANAGEMENT

WAREHOUSE MANAGEMENT

ON-DEMAND DELIVERY TECHNOLOGIES

AI ENABLED FINANCIAL SERVICES

WORKFORCE TOOLS

SALES ENABLEMENT

PACKAGING & DISPLAY

ADVERTISING TECHNOLOGY

RETAIL ANALYTICS

SOURCING & PROCUREMENT

STORE MANAGEMENT

OMNICHANNEL MARKETING

CUSTOMER EXPERIENCE

CUSTOMER ENGAGEMENT & LOYALTY

WhatNext addresses Business Objectives across Functions

Innovation, R&D, Digital Transformation

  • Innovation in Consumer Experiences

  • Circularity and Resource Efficiency

  • New Products and Revenue Streams

  • Production Efficiency

  • Digital Transformation

Corporate Strategy & Marketing

  • Developing New Business Models

  • Identifying Competitive Whitespaces

  • Fast Transforming Customer Segments

  • Sustainability

  • Risk Mitigation and Asset Optimization

M&A, Ventures, and Technology    Scouting

  • Future Market Scenarios and Roadmaps

  • Global Landscape of Technology Start-ups

  • Global Benchmarking of Solutions

  • Due Diligence of Technologies and Players

Technology Foresight, Market & Competitive Intelligence

  • Map Future Technology and Industry

  • Landscape

  • Identify Validated Use-Cases

  • Define Mandate of Future Energy Company

  • Weak Technology Signals

+44 20 3478 7711

5 Chancery Lane, London, EC4A 1BL, United Kingdom

©2020 by WhatNext Global plc.