At BDO we know it takes time to stay up to speed on the rapidly changing Retail & Consumer Products industry. That’s why we’re doing the leg work for you in our new BDO podcast, 60-second Retail. We’ll keep you in-the-know on events and trends impacting your bottom line in just a few short minutes, so can spend your time where it counts most –running your retail business.
Future Proof Retail Series: From Likes to Sales – Influencer Marketing & Social Commerce Boost Business
Social commerce sales in the U.S. were estimated at nearly $64.8 billion dollars in 2023 and are projected to grow to $150 billion by 2028. But boosting your bottom line isn’t the only benefit to earmarking dollars in your marketing budget for these strategies.
So, what other benefits do retailers stand to reap with implementing social commerce and influencer marketing? What tools exist to aid in identifying where to focus efforts? What role will these strategies play in reaching customers in the not-so-distant future?
Don’t miss this informative episode of our 60-second Retail podcast, as we discuss these important questions.
Future Proof Retail Series: Scenario Modeling is Essential to Supply Chain Efficiency
While there are many strategies being tested across the retail industry to improve supply chain efficiencies and forecasting, one has quickly come to forefront – scenario modeling. What is scenario modeling and how can it be leveraged to improve a retailer’s inventory turnover, continuity plans and product distribution? What technologies exist to aid in implementing scenario modeling and improving outcomes?
Don’t miss this exciting episode of 60-second Retail as, R.J. Romano, Managing Director, Management Consulting & Supply Chain Advisory Practice Leader at BDO USA, reveals why scenario modeling is now essential to supply chain efficiency and adaptability and how this approach will fuel future success.
Future Proof Retail Series: Tailoring Success with Localized Product Assortment
There are a slew of benefits retailers stand to reap by implementing a localized product assortment strategy. What exactly is this though? And why might it be key to successfully propelling your business into the future?
Tune into this intriguing episode of our 60-second Retail podcast as, Kirstie Tiernan, Principal, Data & AI at BDO Digital USA, unveils some tactics retailers can implement to move towards this forward-thinking strategy, and ruminates on where advancements in technology might take this approach in the future.
Future Proof Retail Series: Is AR/VR the Key to Upskilling the Future Retail Workforce?
No one can deny today’s CX is being powered more and more by data and technology. How does this impact the retail workforce of the future? What skillsets will be required to be successful with these digital tools? And with the potential to know so much about a customer, how do you keep a personalized experience from getting scary?
Tune into another exciting episode of our 60-second Retail podcast as, Wally Seliga, Principal, Practice Leader - Cloud, Security & Infrastructure group at BDO USA, shares his thoughts on which technologies are best poised to change how retail workforce of the future is trained, and to consider implementing now to future proof your staff.
Future Proof Retail Series: Transforming Operations with Ground Robotics
Looking to gain a distinct advantage over the competition in your warehouse? Ground robotics like autonomous mobile robots (AMRs) and automated guided vehicles (AGVs) need to be on your radar.
Listen in to this episode where, R.J. Romano, Managing Director, Management Consulting & Supply Chain Advisory Practice Leader at BDO USA, walks us through the major benefits ground robotics bring to a retail business and how to get ready to implement this very futuristic technology today.
Future Proof Retail Series: Embracing Digital Twin Technology for Enhanced Performance
Digital twin technology is poised to give companies who employ it a serious edge. So, what benefits do retailers specifically stand to reap from these technologies? And where does a retailer even start if they’re looking to begin leveraging the technology?
To find out, listen to this episode where hear Robert Brown, National Digital Leader for Retail and Consumer Products at BDO USA, talks with us about this exciting evolution in the virtual world that's going to be a game changer for the retailer of the future.