Posts

Showing posts with the label e-retail

Readers Choice

Navigating the Unknown: Leadership in an Era of Uncertainty

Image
 Leading through the mists of uncertainty can feel formidable; yet, it unveils a chance to display resilience, adaptability, and visionary leadership. Here are a tapestry of strategies to amplify your prowess in traversing unpredictable realms: Embrace Flexibility and Adaptability Stay Agile: Nurture a malleable work atmosphere that empowers teams to swiftly shift and respond to emerging insights and changing tides. Iterative Planning: Break down long-term visions into smaller, manageable milestones that can be recalibrated as needed, allowing for continual reassessment and evolution. Communicate Transparently Honest Updates: Keep your team apprised of the current landscape, even when the news is less than favorable. Transparency begets trust and ensures collective alignment. Open Dialogue: Foster a space where team members feel emboldened to express their concerns and ideas, enriching insights and uplifting morale. Focus on What You Can Control Identify Priorities: Direct your ene...

New and improved e-retail business

Image
Learning from their past mistakes, e-commerce big boys have ramped-up their tech backbone infrastructure and forecasting capabilities to win over customers this sale season Last year Snapdeal' e-commerce platform handled 30 orders per second during the Diwali sale; this year it has handled 300 orders per second in its weekly festive sales. To handle huge traffic, the marketplace player has used a range of forecasting models and analytics tools to predict demand for products and ensure sufficient stocks are available with its sellers when the products goes on sale. It has 1,500 engineers to deal with the huge surge in traffic during sale time. Snapdeal is among the growing breed of ecommerce players in India that are leveraging technology to address sale-time woes. Flipkart, which had to issue an apology last year for jacked-up prices and product unavailability during the Big Billion Day, was able to run the show successfully this year with a few minor glitches on Day 1...