Consider the number of flights you’ve taken this year. Whether booking a last-minute business trip, or planning a family holiday, we’ve all spent time searching for the best flight price in this highly competitive and dynamic marketplace.
Today’s consumers demand speed, convenience and value, and QSRs looking to attract customers are increasingly using technology to do so. Technology affords new and innovative advancements, both customer-facing and for backend services.
Are you drowning in data? Do you feel overwhelmed – or underwhelmed – by the slew of options that claim to deal with your data problems? Particularly, in the area of pricing? It's the Era of Big Data, and many retailers are finding relief in new technologies like event stream processing or Hadoop.
In 1956, considerable fluctuations in production, inventories and profit baffled managers in General Electric’s household appliance division. Despite supervisory efforts, the variations endured. Traditionally, managers blamed these types of fluctuations on external causes, like business cycles.
The 2018 holiday season is already upon us and as with years past, consumer shopping preferences have shifted in accordance with technology. Specifically, retailers should plan for: a mobile dominated shopper experience, the growing influence of social networks, and artificial intelligence-powered personalized product recommendations.
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