What: Coresight reviews the pain points in retail organisations and how digitalization might be a solution.

Why it is important: according to them, AI might be the best tool possible to detect unexpected costs and deal with them.

The document, "Navigating Digital Transformation: Optimizing Retail Operations Amid Margin Pressure," discusses how global retailers are leveraging advanced software and technologies to address challenges related to cost and margin pressures. It emphasizes the importance of data-driven strategies, the integration of AI and ML for cost management, and the necessity of digital transformation to enhance operational efficiencies and customer experiences. The report outlines the critical role of technology in addressing issues like demand volatility, staffing challenges, and the complexities of margin management in a fluctuating economic landscape.

Report on the optimization of Retail Operations Amid Margin Pressure through digitalisation