Retailers sell to consumers, either goods or services, through distribution channels where the demand goes through a supply chain. Orders are typically small from consumer/or “end user” compared with wholesale, corporate or government clientele. This is also sometime referred to as shopping.
Digital technologies are changing the way that consumers pay for goods and services. A clearly developed supply chain, integrated IT support system and Internet presence is essential for most retail-focused companies today.
Consumer spending, which typically accounts for around two-thirds of the GDP, is a key indicator of the health of the retail market. Moreover, the increasing strength of online shopping has been a major driver. Apart from this, the growing smartphone penetration across countries is driving the e-commerce channel, including IoT that is reshaping the retail industry.
AVT provides support to help you to integrate new technology into your business. Contact us and we can give you proposals from a range of expertise and projects; Everything from general IT support e.g. SAP consulting and DevOps to integrating your Supply chain processes with your social media strategy.
