What's Inside
Facing increasing competition from e-commerce companies, physical retailers are
embracing analytics more than ever before. However, there are issues in
implementing a data-driven decision-making model, such as usability, capacity,
labor and lack of accountability. In this report, we explore how prescriptive
analytics can help retailers to address these issues and solve challenges, as
well as boost revenues and increase their efficiency.
This report includes insights and discussion around the following topics:
-
Current retail challenges - including reduced efficiency, noncompliance and
theft and fraud
-
Reasons why retailers are unable to adequately address these challenges
-
The
nature and benefits of prescriptive analytics - which prompts action, unlike
predictive analytics
-
The
five core capabilities of prescriptive analytics - including shrink
prediction and sentiment analysis
We also
present a sector overview, which comprises a market forecast and a breakdown of
market drivers.
Download the Full Report Here
This report is by Coresight Research and sponsored by Zebra Technologies.