In the past few years, the outlook for the retail industry landscape was not looking very rosy. There have been plenty of doomsday scenarios of empty shelves and hard-to-find employees. However, the global pandemic and rising inflation have also presented several new opportunities. The margins became better, and the speed of technological innovations was accelerated. Also, efficiency and right-sizing have remained a priority.
The significant stakes for the next few years are optimizing a secure supply chain and the fundamental reinventing of the physical store beside the digital flows. These dramatic transformations will only be successful when the workforce is adequately managed and mentored. EffCo is helping successful retailers to implement these significant new challenges swiftly and flawlessly.