The Modernisation
Welcome to The Modernisation!This Podcast is dedicated to the topic of business modernisation in the 4th Industrial Revolution, leveraging the power of cloud technology like Salesforce, to deliver personalised experiences and growth through automation, efficiency and scale.On this Podcast we talk about how to modernise organisations, and discuss everything including people, technology and data.You can expect to get advice from experts, industry news, and exciting MODERN thinking. Stay tuned!
The Modernisation
Corona Crisis: 10 Challenges facing the Retail Industry
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AFDigital
In this webinar we are going to explore the top 10 Challenges facing the Retail Industry as a result of Corona Virus, as well as explore a response strategy.
Top 10 Challenges facing the Retail Industry
- Panic buying ~ supply chain problems
- Cash-flow / revolving credit / liquidity
- Brick & Mortar forced closures
- Static Inventory on shelves
- Fixed Costs like Leases and obligations
- Labour Costs ~ WFH / Stood-down employees
- Death by Product Category
- Supply Chain availability and responsiveness
- Consideration increase due to job loss fear
- Case Risk for Employees
Covid-19 Response Strategy:
- Communicate - to Customers, Staff, Suppliers and the Government.
- Seek Aid - from Government, Banks and Non-Profit Organisations.
- Reduce Costs - brick & mortar, fixed, non-essential expenses and labour costs.
- Increase Sales - eCommerce, Marketplaces, sell relevant products, and build 1:1 customer journeys.
Upcoming Webinars
- COVID-19 Social Listening Webinar - Tuesday March 31 12:30pm AEDT
- Corona Crisis Webinar: Education - Thursday April 2 10:30am AEDT
- Other Corona Crisis Webinars