Accurate Demand planning is essential to unlock efficiency in value chain. Lack of accurate real time demand prediction at Distributor and Point of Sale leads to inefficiencies and unmet demand specifically for seasonal and impulse products like Lipsticks, Ice-creams etc. The challenge is to design smart demand prediction systems which can be installed at Distributor or POS point. they should be able to signal real time change in demand patterns and help in increasing demand forecast accuracy.
Reverse Logistics is the process of moving goods from their point of consumption or sales for recycling, disposal or reuse. We take back damaged/expired products from about 1.5 million retailers across India. The current process is slow and manual. It takes about 8-12 weeks to process the payment for returned goods. The manual entry makes it difficult to track, audit and analyze the inefficiencies. The Challenge is to design complete digital reverse supply chain for damaged/expired products.
Retail stores are changing from utility based generic mass market stores to personalized and entertaining shopping experience. We want our products to stand out from the rest in Modern stores by developing innovative digital in-store merchandising concepts. They should generate curiosity, gather attention and bring joy to the consumer. The solutions should need minimal expense on hardware, should be easy to scale, occupy less space.
Digital and mobile technology is bringing innovative ways to bring customer delight in the retail stores. Augmented reality/Virtual reality can help in heightening customer experience and bring several "wow" moments while they are buying beauty products. It can help the store assistants in selling the right product to the right customer. The challenge is to design frugal AR/VR based solutions which can help the customers and assistants while trying, testing or buying beauty products.
Every year Millions of units of consumer products are transported from farms to factories to distributors to retailers and finally the end consumer. To deliver Quality and transparency, Organizations need to be able to trace each product to its origin. The challenge is to design a solution to track each of the millions of units from point of origin to retailer. Traditional bar code based solutions becomes difficult to manage beyond the distributors. The design should need minimal human effort.