Briefing Notes – TCS Empowers Operational Efficiencies in Retail with IoT
Tata Consulting Services (TCS) aims to address the real-world problems of global retailers, including through using Internet of Things (IoT) technology approaches. A primary focus for global retailers is improving operational efficiency. Technology can help, but low margins combined with a huge scale of product mix makes certain technologies difficult to apply at scale – RFID tags on individual items, for example. While they are reluctant to widely adopt most of the in-store customer experience innovations, global retailers tend to embrace improving inventory and supply chain management that generally show short-term ROI. Key Takeaway: With a sturdy foundation of technologies and support services, the challenges facing TCS using the IoT in the Retail industry are about improving margins and tackling scalability obstacles of enterprises. We think the firm can parlay its integration expertise and technology solutions to grow initial deployments and address the challenges and opportunities in the retail market.
 
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Table of Contents
  • Briefing Notes – TCS Empowers Operational Efficiencies in Retail with IoT
    • Summary and Key Takeaway
    • Briefing Notes                                                    
    • Net Impact
    • Summary Facts
    • Associated Insights