Data Vantage: Role in Retail

Maximizing GMROI through Digital Transformation Eng. Mohamed Yasser Maximizing GMROI through Digital Transformation In the ever-evolving retail landscape, achieving optimal profitability is crucial for the success of any business. One essential metric that retailers focus on to assess their performance is the Gross Margin Return on Investment (GMROI). GMROI is a key financial indicator that measures the profitability of inventory investments, and it is calculated using the equation: GMROI = GM% * inventory turnover * 100 In this blog post, we will explore the various factors that influence GMROI and discuss the role of digital transformation in enhancing each factor's impact. Why Retailers Strive to Maximize GMROI Maximizing GMROI is a primary objective for retailers due to its direct correlation with profitability. By increasing GMROI, retailers can effectively optimiz boost overall sales, and generate higher returns. By understanding the factors that influen...

Revolutionizing the B2B Buyer Journey in the Apparel Industry: Unveiling the Power of Digital Transformation Eng. Mohamed Yasser Revolutionizing the B2B Buyer Journey in the Apparel Industry: Unveiling the Power of Digital Transformation Digital transformation has sparked a revolution in the apparel industry, transforming the way businesses operate and redefining the B2B buyer journey. Export modes, including direct and indirect exports, have opened up new avenues for companies to connect with international buyers. In this blog post, we will explore the profound impact of digital transformation on the B2B buyer journey in the apparel industry, focusing on export modes while highlighting the significance of analyzing return sales data in evaluating suppliers. The Rise of Digital Transformation in the Apparel Industry Digital transformation has disrupted traditional business models, injecting innovation into the apparel industry. From manufacturing processes to inven...