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.