Retail Heart Consulting FZC’s Post

McKinsey - Fortune or fiction? The real value of a digital and AI transformation in CPG A new McKinsey analysis quantifies the impact that digital and AI can have on consumer goods businesses and where consumer-packaged-goods executives should focus their efforts. #McKinsey #AI #DigitalTransformation #CPG #business #technology #investment #retail #distributor

NRF - 7-Eleven parent considers new bid from Couche-Tard Alimentation Couche-Tard has made a revised bid to acquire Seven & i Holdings, the Japanese owner of 7-Eleven, after its initial offer was declined. The new proposal, which reportedly values the company at more than $47 billion, underscores Canada-based Couche-Tard's ambition to become a global leader in the convenience store sector. The Japanese government has classified Seven & i as vital to national security, requiring foreign investors to undergo a review. #NRF #7Eleven #CoucheTard #acquisition #valuation #proposal #japan #leader #convenience #store

McKinsey - Author Talks: How to make skill development count in the digital age Can technology replace human skill acquisition? The rise of new technologies and automation is compromising the real-world learning that apprenticeships provide. Here’s what you can do about it. McKinsey Global Publishing’s Mike Borruso chats with Matt Beane, assistant professor in the technology management program at the University of California, Santa Barbara. Beane discusses his book, The Skill Code: How to Save Human Ability in an Age of Intelligent Machines (Harper Business/HarperCollins Publishers, Spring 2024), which highlights the importance of human-centered learning and skill building in the digital age. Beane identifies the core components of the skill code and reveals why the future of work depends on the expert–novice relationships that inspire meaning and purpose #McKinsey #Skill #AI #development #learning #digital #human #relationship

How industrial leaders can avoid buyer’s remorse when investing in new technology Investing in technology when the time is right and the firm is prepared leads to a better success rate s the arms race for technology integration continues, supply chain leaders are looking over their shoulders, wondering how to avoid falling behind their competitors. We’re living in a time with no shortage of options, which is both an opportunity and a challenge for business leaders as they navigate the complexities of selecting the right tech solution for their companies. Unfortunately, however, many fail to select the best-fit solution, with some reports indicating that nearly two-thirds of tech buyers experience buyer’s remorse shortly after investing in new software or platforms. #Supplychain #investment #technology #AI #digitaltransformation #ROI

PMPeople is the tool for professional collaboration in project management In collaboration with PMPeople Company (website: www.pmpeople.ai); we are introducing a new solution and methodology for professional collaboration in Project Management. PMPeople is the tool for professional collaboration in project management. Organizations need their projects profitable, strategy aligned and value adding. Top managers do not have time to manage each project crisis. Project management should be addressed professionally. PMPeople gets organizational project maturity to the next level, in an agile way, without changing organizational processes, nor adding more bureaucracy. People don’t need to be trained or getting certified in project management. Costly PMO teams are not needed, either. Feel free to reach out for more information or to schedule a meeting at your premise. Representants of PMPeople will be in Dubai from October 14-17, 2024, and in Abu Dhabi on October 18, 2024. #ProjectManagement #PPM #Collaboration #SaaS #DigitalTransformation #organization #process #role

How are you today? Tell us what you want to hear from us. If you want to stay up-to-date with us, follow our Page.

How are you today? Tell us what you want to hear from us. If you want to stay up-to-date with us, follow our Page.

McKinsey - Achieving hypergrowth: It’s all about the people Most founder CEOs will tell you that it’s the people who matter most for a start-up’s success—that entrepreneurial band of software engineers, product developers, marketing managers, finance associates, and others who can help bring an idea to life and then to market. Founder CEOs know that talent is a key building block of organizational success, along with strong leadership, a common purpose, and a performance-oriented culture. But many are less clear about how these building blocks may need to be restacked or shifted as the start-up evolves: How (and how many) people, processes, behaviors, and skill sets need to change as the company expands—particularly in fast-growth start-ups where companies can double themselves year on year? #McKinsey #startup #growth #manager #CEO #organization #skill #culture #expansion

Ernst & Young - Survey: Disconnect between supply chain, C-suite leaders Ernst & Young's latest research highlights a disconnect between supply chain executives and C-suite leaders, with 88% of supply chain heads viewing their role as vital for customer experience, while an equal percentage of C-suite executives see it as a cost center. The EY 2024 Supply Chain Survey stresses the need for a paradigm shift in how organizations perceive and invest in supply chains to thrive amid growing complexity. #EYC #survey #supplychain #CSuite #leaders #cost #customerexperience #organization #growth #complexity

Next-Gen ERP Transformations for Consumer Goods Companies Legacy systems can hinder CPG companies that are looking to stay ahead of the pack. This is why many enterprises are undergoing digital transformations, implementing the latest advancements in ERP technology to better support their business needs. There are three priority considerations, however, when moving away from legacy infrastructures and adopting a modernized approach to business operations. In this chat, Jeff Van Pelt, principal, consumer industries at NTT DATA Business Solutions, highlights these foundational stepping stones, paving the way for CPGs who are looking to overhaul their enterprise resource planning and move to the cloud with minimal disruption, as efficiently as possible, and with scalability in mind. #ERP #DigitalTransformation #legacy #cloud #retail #CPG #technology #business #strategy