August 24, 2021 | GroceryGeniuses Blog

D2C brands should adopt four solutions to overcome supply chain obstacles

GroceryGeniuses August 24, 2021

The growing demand for online shopping is expanding the direct-to-consumer brands. The pandemic-led hurdles have shed light on building a smooth digital supply chain. D2C businesses need to implement few solutions for an undisrupted supply chain and perform better. 1, Firms need to establish a large warehouse with cloud-based inventory management. 2, AI and machine learning tools can help firms in assessing various factors like destination characteristics. 3, Brands need to invest in Big Data to study consumer trends and fulfil their orders. 4, Firms have to provide Real-time order tracking and transparency to satisfy the tech-savvy consumers.

Automated lockers as remote delivery option will shape the landscape of food retail

GroceryGeniuses August 24, 2021

The grocery industry trends mainly revolve around store pickup and delivery service. Lately, grocery pickup from lockers and automated kiosks is the third trending option. Giant grocers like Kroger and Lowes Foods are currently experimenting with the remote pickup option. Lowes Food has placed grocery kiosks inside the office of an automation firm. Delipop, a new concept in Europe, will allow each store to pick up orders from various retailers inside automated vending machines. Ramsey’s Market is another grocer that has already ordered fifteen storage units and will place them in Iowa, U.S.

The tech revolution will transform the future of retail

GroceryGeniuses August 24, 2021

Cutting-edge technology, AI and IOTs will shape the future of the retail sector. John Straw, a digital veteran, predicts that firms need to invest in disruptive technology to stay on top. The investment in constant innovation would still be worth it even if it doesn’t cause big profits to return. An increased brand’s value is where the profit lies for firms. As per a McKinsey article, 74% of companies that ranked business building as their main strategy expanded at rates beyond the average of their industries. Experienced entrepreneurs need to lead a company for the successful execution of operations. John further prophesied that robots and virtual assistants would be a common phenomenon in 2030.