name surname company / designation session titlethe future of retail. ... cracking the final mile is...
TRANSCRIPT
ELISEO BELMONTEAccenture / Managing Director
The Future of Retail
Content Slide – Option 1
To DataFrom Processes
80s• Procurement
• Finance
90s• Supply chain network
00s• Category management
• Assortment
• Pricing
• Promotion
• Loyalty
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Retail is facing its largest transformation wave since 1970…
HISTORIC PARADIGMOptimise commercial assets
1 HOW?Concept
2 WHAT?Offer
3 WHO?Traffic& Clients
NEW PARADIGMMaximise wallet share
2MOMENTSOF TRUTH
3Categories& Needs
• Apparel• Service• Enterta
4 Channel
• Web• Email• Stores
Purchase cycle• Weekly Cycle• YearlyCycle• Life Cycle
1
• Food• Catering• Baza• Digital
• Phone• SMS• Mail• Social
• Needs• Choice• Purchase
• Payment• Usage• After sales
NEW KEY
CAPABILITIES
Brand strategy
From Productsto Solutions
Channels/concept engine
Copyright © 2017 Accenture All rights reserved.
From “Market share” to “Wallet share”
Top 5 Trends
1 Fewer, but more impactful, stores
half of America’s malls will close by 2030
The Amazon effect and we expect it to continue for the
foreseeable future.
The rise of alternative bricks and mortar channels: think fast
fashion in the US (likes of H&M, Forever 21 and Zara) or
discount grocery in the UK.
The stores that remain will be more digitally-led.
For specialists, physical locations will be a chance to flaunt their
credentials.
Hyperservice: Providing specialist advice - and enhanced
customer service in general – will become a priority for bricks and
mortar retailers of the future.
Copyright © 2017 Accenture All rights reserved.
The Future of Retail
Cracking the final mile is still very much seen as the Holy Grail of modern retailing.
Retailers must continue investing in alternative fulfilment options in a bid to wean
shoppers off cheap and speedy home delivery.
We anticipate further innovation in the areas of third party (e.g. Google Express,
Shutl) and crowdsourced (Kanga, deliv) delivery, as well as greater ownership of
the final mile.
The use of drones, retailers running their own automated delivery truck fleets, or
even building smaller distribution centres closer to urban areas in order to win the
same-day war.
Cracking the final mile,…. even for B&M Retailers
Copyright © 2017 Accenture All rights reserved.
The Future of Retail
2
Access a retailer’s free Wi-Fi.
in instore navigation capabilities
Personalised promotions/loyalty offers
utilising augmented reality both instore and online
Checkout-less stores.
Mobile payments.
Race for the most convenient store experience
“The store of the
future will be heavily
tech-driven”
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3
The Future of Retail
Personalisation to reach new heights
“To engage with
shoppers in a bid to build
trust and awareness”
Copyright © 2017 Accenture All rights reserved.
The Future of Retail
4
5
“The shoppers of tomorrow will look to be
rewarded for more than just transactions.
The future of loyalty can be best summed
up in three words: personalisation,
digitisation and gamification”
- Walgreens
Copyright © 2017 Accenture All rights reserved.
The Future of Retail
The end of points-based loyalty cards
The importance of “Your Digital Platform”
NEXT: Adaptive Retail:Era of Retail Everywhere
Seamless Retail: Era of Omni-channel.
Customer Centric Retail:Era of Segmentation
.
Copyright © 2017 Accenture All rights reserved.
EA
CH
ER
A B
UIL
DS
ON
TH
E L
AS
T
Scientific Retail:Era of Optimization
The Evolving Shopping Experience
Building Blocks of a Digitally Enabled Organization
CORE APPLICATIONS
ERP
Operations Technology
SocialEComm
Application
Security Infrastructure
People &
Process
AnalyticsCloud
MobilityWork Place
Copyright © 2017 Accenture All rights reserved.
The New Digitally Enabled Retail
Differentiating and Innovative Applications
S/4 HANA Retail for
Merchandise
Management
HANA
+ +
Hybris
CAR
Predictive
Analytics
Unified Demand
Forecast
Real Time
Inventory
Real Time
Customer
Activity
ERP Back
Office
Digital
Front
Office
Middle
Office
Retail
Master Data
Governance
Solution
Finance
Distribution &
Logistics
MarketingCommerce
Copyright © 2017 Accenture All rights reserved.
S/4 HANA Solution Portfolio for RetailSimplify IT Landscape and Business Processes to Unlock Business Innovation
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