FA-0773Others

Retail Technology Readiness and Operations

Assess adoption, customer experience and operational preparedness

Introduction

Why this course

Examine technology adoption in retail and related business-to-consumer and business-to-business models. This lecture-based course considers customer readiness, digital channels and operational requirements to support informed technology decisions and implementation planning.

Learning outcomes

Learning outcomes

  • Describe retail technologies, adoption trends and customer readiness.
  • Compare digital retail models and relevant cross-sector examples.
  • Identify infrastructure, operating cost, implementation and governance considerations.
  • Discuss effects on customer experience, multi-location operations, inventory and careers.
Prerequisites

Prerequisites

Basic understanding of the internet and access to a web browser.

Training outline

6 modules

·
01Module 1 — Retail technology and readiness3 topics
  • Technology evolution in retail and ways to gauge readiness.
  • Introduction to the Technology Readiness Index (TRI) and customer attitudes to adoption.
  • Retail models, infrastructure and implementation considerations.
02Module 2 — Consumer technology contexts9 topics
  • Vertical Trends
  • F&B
  • Travel
  • Real Estate
  • Finance & Insurance
  • Health
  • Media & Entertainment
  • Mobility & Energy
  • Horizontal Trends
03Module 3 — Retail channels and sectors11 topics
  • E-Commerce
  • Social Commerce
  • Marketplaces
  • FMCG
  • Fashion
  • Automotive
  • Healthcare
  • Entertainment
  • Home & Furnishings
  • Gaming
  • E-Learning
04Module 4 — Pandemic-era change as a case study11 topics
  • Grocery stores
  • Clothing stores
  • Convenience stores
  • E-commerce platforms or websites
  • home furnishing stores
  • Restaurants
  • Departmental stores
  • Supermarket
  • Mobile phone outlets
  • FMCG selling stores
  • Electronics

Examine pandemic-era shifts as historical examples; distinguish them from the current conditions of a particular retailer.

05Module 5 — Operational preparedness5 topics
  • Increasing technological complexity
  • Enhancing the customer experience
  • Multi-location management
  • Technology decision-making
  • Rising operational expenditures

Discuss relevant governing bodies and career implications without assuming a specific jurisdiction or regulatory approval.

06Module 6 — Improve retail operations4 topics
  • Delivery Shortcomings
  • Meeting Consumers’ Evolving Omnichannel Expectations
  • Enabling More Accurate Inventory Counts and Increasing Workflow Efficiency
  • Visibility for Retail Agility
  • Review the main adoption considerations and operational trade-offs.
  • Summary and questions.

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Retail Technology Readiness and Operations
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Retail Technology Readiness and Operations