The grocery retail industry is undergoing a transformative shift with the emergence of Smart Stores that leverage data-driven management to enhance efficiency and customer experience. This study examines how advanced technologies such as artificial intelligence (AI), the Internet of Things (IoT), and big data analytics are integrated into grocery retail to create intelligent, responsive retail environments. By addressing the limitations of traditional retail models—such as operational inefficiencies and lack of personalization—the research highlights how data-driven strategies optimize inventory management, supply chains, and marketing efforts. Through analysis of key components and successful case studies, the study demonstrates the tangible benefits and challenges of adopting Smart Store technologies. The findings provide strategic recommendations for grocery retailers seeking to implement data-driven management practices effectively, enabling them to achieve sustainable growth and a competitive edge in the digital age.
Implementing Data-Driven Management in Grocery Retail: Path to Smart Store
GRIGOROV, DMITRII
2023/2024
Abstract
The grocery retail industry is undergoing a transformative shift with the emergence of Smart Stores that leverage data-driven management to enhance efficiency and customer experience. This study examines how advanced technologies such as artificial intelligence (AI), the Internet of Things (IoT), and big data analytics are integrated into grocery retail to create intelligent, responsive retail environments. By addressing the limitations of traditional retail models—such as operational inefficiencies and lack of personalization—the research highlights how data-driven strategies optimize inventory management, supply chains, and marketing efforts. Through analysis of key components and successful case studies, the study demonstrates the tangible benefits and challenges of adopting Smart Store technologies. The findings provide strategic recommendations for grocery retailers seeking to implement data-driven management practices effectively, enabling them to achieve sustainable growth and a competitive edge in the digital age.| File | Dimensione | Formato | |
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Grigorov_Dmitrii.pdf
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4.27 MB
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4.27 MB | Adobe PDF |
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https://hdl.handle.net/20.500.12608/78484