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How to Protect Your Supply Chain From Cyberattack

Retail TouchPoints

But their cybersecurity teams pay much less attention to the sprawling network of vendors in the supply chain. Supply chains for large retailers can involve tens of thousands of manufacturers, haulage firms, technology vendors and other suppliers spread throughout the world. For hackers this is a window of opportunity.

Supplies 298
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IoT in Retail: Top 5 Use Cases and Real-Life Examples

Retail TouchPoints

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. The malfunctions of these systems in retail food stores happen unexpectedly and can lead to food spoilage, energy overconsumption, and loss of revenue.

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Michaels Prepares Marketplace Offering to Offer More Than ‘Just Coupons and Discounts’

Retail TouchPoints

Michaels will launch a marketplace for third-party craft supply sellers, though no debut date has been set. The retailer also is currently seeking third-party solution providers in areas including payment processors, order management and shipping and fulfillment. We’re not reverting back to no technology.”.

Payments 262
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How Enterprise Modernization and Artificial Intelligence are Charting a New Course for the Consumer Industry

Retail TouchPoints

Whether it’s the food and beverage sector, apparel and footwear or automobiles, direct-to-consumer businesses are grappling with the consequences of shifting consumer behaviors against the backdrop of an unpredictable global supply chain. These businesses find themselves at a demanding intersection.

Consumer 216
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How the Subscription Economy Is Reimagining Every Industry

Retail TouchPoints

While subscriptions have been an option for consumers in a number of retail environments — from apparel and pet supplies to media consumption — the COVID-19 pandemic accelerated the adoption of subscriptions in a variety of industries that turned to payment technology to adapt their business.

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Retail, POS Finance and the Quest for ESG

Retail TouchPoints

Accusations of “greenwashing” can lead to irreversible damage to reputation and consumer trust, and with environmental social governance (ESG) now high on the agenda for public and private organizations worldwide, it’s changing how many retailers think about their businesses.

POS 244
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Supply Chain Crisis and Product Catalog Management

GetElastic

Supply Chain Crisis & Product Catalog Management. With an international supply chain crisis fueled by a global pandemic, the public is left with empty shelves and shortages, plus skyrocketing prices when they do find comparable products. However, in the fear of delivery delays, supply chain vendors add fuel to the fire themselves.