There is a growing trend of combining automatic identification and data capture (AIDC) technologies, such as barcoding, RFID and the internet of things (IoT), to enhance supply chain efficiency and precision. Biplab Banik, Sr.VP & Business Head at Bar Code India emphasises the transformative impact of these technologies on supply chain efficiency and retail operations. […]
With a fusion of technology, design, and sustainability, Indian retail charts a new course for consumer engagement The Indian retail sector is undergoing a structural change as experiential trends take centre stage. No longer confined to traditional notions of commerce, retail spaces are becoming immersive environments that are urging consumers to embark on a journey rather […]
American retail company Walmart is set to harness artificial intelligence (AI) in its drone delivery looking forward to improving its customers’ shopping experiences. Unveiling the plan, the multinational retailer said the goal is to reach 1.8 million additional households in the Dallas-Fort Worth metropolitan area later this year. Walmart has been utilising drone delivery for […]
The retail industry anticipates a transformative year ahead with a focus on innovation, sustainable practices, and robust growth, driven by changing customer experiences, AI integration and more With a rollercoaster ride of large highs in 2023, the retail sector is set to begin a period of exciting growth driven by innovation and changing customer experience. […]
Unicommerce, an ecommerce enablement Software-as-a-Service (SaaS) platform, reported a 43 per cent rise in order item volumes on its platform for the festive season sale month of 2023 (7th Oct – 5th Nov) as compared to last year’s festive season (22nd Sep – 21st Oct). Over 3000 online sellers processed over 70 mn order items […]
Indian brands are prioritising customer experiences to drive growth, according to new research from Adobe. Most organisations are cutting their marketing and customer experience budgets – 42 per cent have already done so, and 37 per cent will in the next 12 months. In response, brands are seeking to drive efficiencies by deploying technology solutions […]
Reliance Jio Infocomm Limited on Wednesday announced a partnership with network services and consumer experience pioneer Plume to provide market-leading smart home and small business services to its subscribers across India. Reliance Jio said that this partnership will deliver state-of-the-art services, through Plume’s highly scalable cloud platform, to about 200 million premises in India. “As […]
Google during its event, Google for India, on Thursday, announced Credit products aimed at consumers and merchants through its GPay app. This will help merchants get access to credit from trustworthy and regulated lenders. These products also form the foundation of Google Pay’s Digital Pragati initiative, aimed at growing economic opportunity for every Indian. Google […]
Ministry of Textiles approved a total of 18 Research and Development projects worth Rs 46.74 crore across different areas of technical textiles, an official statement said on Thursday. Addressing the 7th Meeting of the Mission Steering Group (MSG) of the National Technical Textiles Mission in New Delhi, Union Textiles Minister Piyush Goyal said, “Industry and […]
Myntra, the fashion, beauty and lifestyle ecommerce platform has introduced a conversational AI-powered chatbot, Maya, to make customers’ shopping experience more seamless and customised, while helping them expedite their decision-making. With its elevated capability, Myntra’s virtual fashion influencer, Maya, transcends serving fashion inspiration on social media, to now also extending AI-backed shopping assistance on the […]
