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It all comes down to capabilities.
Digital transformation means going beyond the
customer experience to radically reshape the
way retailers do business. To remain competitive,
business leaders cannot simply rely on traditional
IT. The entire organization must proactively
embrace digital technologies in order to enable
four key capabilities.
Chapter 4
4 keys
to digitally
transforming retail
The 4 keys to digital success
1. Enhance customer experience across all channels.
Digital has become the norm, and modern customers demand a journey that is connected,
personal, and consistent. Effortless omnichannel shopping experiences. Customer-defined mobile
interactions. Intelligent technology that learns, predicts, and engages on a customer-by-customer
basis. If your business fails to meet an ever-expanding list of customer expectations, your
customers will go elsewhere.
2. Manage risk by securing physical and digital operations.
An increased level of risk complicates today's shopping journey. Embracing strong cybersecurity
strengthens your brand by delivering a uniformly secure experience that extends throughout your entire
supply chain. At the same time, digital technology also enables transparent and simplified inventory
management so you can deliver faster, more convenient, more reliable service. Together, these two
outcomes increase your ability to scale while remaining secure at every level.
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