The retail space is advancing at a faster pace leading to shoppers ad- opting experiences that allow them to make purchases in the most con- venient ways possible. Companies are looking at increasing sales and re- taining their customers to ensure a robust retail model by employing cutting-edge digital solutions. Such solutions foster a better understan- ding of customer needs, real-time personalization, targeted loyalty re- wards, and hybrid shopping jour- neys.

For instance, retailers have shifted their attention to Supply Chain opti- mization to provide an undis- rupted flow of products to consumers and translate leads into real sales. The integration of digital solutions into the supply chains of retailers would result in upgrading the operations from the procurement of raw materials to ensuring the products reach their final consumers without any disruptions.

Here are a few leading technology partners in India that are providing retailers with cutting-edge solutions to revamp their supply-chain models

1. Spec India: A software development company that has spent the last 36 years assisting businesses in embracing digital experiences. They use cutting-edge technologies to transform business models through innovation and ongoing learning. Their retail software solutions assist in delivering individualized experiences, streamlining omnichannel operations, optimizing workflows, and enhancing channel collaboration.

The flexible supply chain solutions from Spec India assist clients optimize stock, logistics, and the full flow of commodities from raw materials to finished items.

2. Visionet: With over 27 years of experience in assisting industries to induct digital solutions in their business model, Visionet has promoted customer retention and profit- making amongst their clients. With their expertise in the retail industry amongst others, Visionet has been a pioneer in digital transformation by factoring in the special needs of every client and customizing tools that suit their requirements. Their cloud-based services offer retailers a unique blend of opportunities to further strengthen their operations, products, and relationships with consumers.

The company enables retailers to navigate seamlessly through changes and disruptions in a very turbulent market. In order to compete effectively in such markets, Visionet provides effective and adaptable inventory, logistics, and distribution management. This further assists stakeholders to adapt quickly and respond to consumer wants, market trends, and other factors that affect a supply chain. As a pioneer in transforming the manufacturing and distribution industries by increasing efficiencies, Visionet operates at various levels by reprioritizing strategies and leveraging data-driven insights. Their thorough emphasis on solving supply chain challenges empowers clients to look beyond the present and envision a sustainable future.

3. Genpact: It is a multinational professional services company that produces results for its clients' businesses that transform them and help to define their future. They have helped businesses survive in a fiercely competitive market by drawing on their extensive real- world expertise in creating and managing thousands of processes for multinational corporations.

Genpact aids some of the biggest companies in the world in the design, transformation, and management of their supply chains. They contribute technology know-how, consulting experience, and a large partner network to supply chain management solutions. They offer after-sales services, international transportation and logistics, and supply chain planning.

4. Ernst & Young: The company has a range of skills, knowledge, and technologies as well as a solid track record to make transformational goals a reality. EY has the ability to support the entire lifespan of digital transformation, from strategy to design, engineering to people advisory, and risk to cyber and tax.

A company's ability to strike a balance between business needs and rising customer expectations is aided by its supply chain transformation solution. EY helps retailers transition from linear supply chains to interconnected ecosystems of allies, partners, and suppliers, and finally to fully autonomous supply chains that foster innovation and corporate expansion.

Source : Press Release