It's time for the E-Commerce retailers to secure supply chains

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Security of supply chains is massively important



It’s no secret that e-commerce would become the future of retail, but thanks to challenges created by the pandemic. COVID-19 is the catalyst for industry-wide disruption. With this there has been a steady rise in the volume of online traffic, caused by consumers turning to the internet and social media to shop online for everyday essentials without leaving their home. It is high time to understand the changing retail landscape and the evolution of consumer habits and preferences. Now consumers have started working in the hybrid atmosphere. There are certain reputed organisations looking at how they can use supply chain and logistics technology to skip regional distribution centers and get their products into the hands of consumers faster. Security of supply chains is becoming massively important. Supply chain holders speak about how they are more concerned about cyber threats happening frequently. This chain is long and disciplinary in multiple terms acquiring collaboration from production, retailing, customer support and most importantly the IT section.



Digitization and modernization of transactions brings security. Encryption helps in protecting data and prevents data loss. To initiate a secured e-commerce retail, there is an urgent need for the supply chains to take care of. Data protection is of foremost importance for any company, be it a start-up or a multi-millionaire company. Secure supply chains involve sources that can be trusted and taken care of. Frauds can happen in any form as data is exchanged on many loops. From the manufacturer to customer, several stages pass by and so does the information. Fraud prevention techniques work the most here. The critical data exists in a location which is only known among the employees. However, channelizing these locations should be through accurate government n.

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    It's time for the E-Commerce retailers to secure supply chains

    #RajnathSingh #DefenceManufacturingFacility #TelanganaGovt

    Security of supply chains is massively important



    It’s no secret that e-commerce would become the future of retail, but thanks to challenges created by the pandemic. COVID-19 is the catalyst for industry-wide disruption. With this there has been a steady rise in the volume of online traffic, caused by consumers turning to the internet and social media to shop online for everyday essentials without leaving their home. It is high time to understand the changing retail landscape and the evolution of consumer habits and preferences. Now consumers have started working in the hybrid atmosphere. There are certain reputed organisations looking at how they can use supply chain and logistics technology to skip regional distribution centers and get their products into the hands of consumers faster. Security of supply chains is becoming massively important. Supply chain holders speak about how they are more concerned about cyber threats happening frequently. This chain is long and disciplinary in multiple terms acquiring collaboration from production, retailing, customer support and most importantly the IT section.



    Digitization and modernization of transactions brings security. Encryption helps in protecting data and prevents data loss. To initiate a secured e-commerce retail, there is an urgent need for the supply chains to take care of. Data protection is of foremost importance for any company, be it a start-up or a multi-millionaire company. Secure supply chains involve sources that can be trusted and taken care of. Frauds can happen in any form as data is exchanged on many loops. From the manufacturer to customer, several stages pass by and so does the information. Fraud prevention techniques work the most here. The critical data exists in a location which is only known among the employees. However, channelizing these locations should be through accurate government n

    Technology video | 174 views

  • Watch SaaS - transform the ecommerce supply chains Video
    SaaS - transform the ecommerce supply chains

    #Ecommerce has been a game-changer in the retail industry. ecommerce has become a vital channel for businesses to reach customers worldwide. There is growing adoption of #SoftwareasaService (SaaS) by ecommerce players, has offered flexible and scalable solutions that can be customised in order to meet the specific needs of each business.


    The advancement of technology has revolutionised warehouse operations with the integration of innovative systems such as automated order picking and real-time inventory tracking. This transformation is enabling the integration of innovative technologies that simplify processes and enhance the stability of business operations. As a result, e-commerce businesses are leveraging digital advancements to streamline their supply chain, improve efficiency, and gain a competitive advantage in the market.

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  • Watch Warehousing and Supply Chain Summit -Building Reliable, Resilient and Sustainable Supply Chains Video
    Warehousing and Supply Chain Summit -Building Reliable, Resilient and Sustainable Supply Chains



    Warehousing and Supply Chain Summit -Building Reliable, Resilient and Sustainable Supply Chains

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    Education revolution in Punjab ❤️The transformation we all deserve! #punjab #punjabgovernmentschool

    Education revolution in Punjab ❤️The transformation we all deserve! #punjab #punjabgovernmentschool

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  • Watch Transforming Global Supply Chains - Advancing World Trade Sustainably Video
    Transforming Global Supply Chains - Advancing World Trade Sustainably

    The CII Partnership Summit - CII’s annual flagship international event – Is being organised virtually from 13th-15th December 2021. It would capture perspectives of leading experts on growth, development, sustainability, and technology in alignment with CII’s larger theme for the year 2021-22 ‘Building India for a New World: Competitiveness, Growth, Sustainability, Technology.’

    The event would further the agenda of strengthening partnerships and shaping new economic collaborations between countries, as well as among businesses as the world recovers from the pandemic.

    For more, please visit - partnershipsummit.com

    Transforming Global Supply Chains - Advancing World Trade Sustainably

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  • Watch FICCI LEADS 2022 – Future Ready Supply Chains Video
    FICCI LEADS 2022 – Future Ready Supply Chains

    Global commerce has always been a topic of much discussion in newsrooms and boardrooms, but the past two years have pushed the subject to the top of the agenda, as disruptions have exposed the vulnerabilities of today’s supply chains. On the other hand, these disruptions have also given a once-in-a-generation opportunity to future-proof the supply chains, by addressing the challenges that have made them a widespread topic of conversation and increasingly demanding customer expectations. At the same time, supply chains need to play in the transition to an environmentally sustainable and socially inclusive economy. New ideas integrating innovative technologies in packaging, transportation, distribution, and documentation will result in overall efficiency from place of origin to last-mile connectivity. Instant delivery, remote access through drones and express supply chain through air, would make supply chains future ready.
    This session at LEADS 2022, aims to reflect upon how supply chains can be more reliable, adaptable, sustainable, less complex and hence nimble. How digitization is radically transforming supply chains with a huge impact on product manufacturing and delivery. This session will be experiential in nature as these global leaders are expected to share their own success stories and learnings (“How we did it”).

    SPEAKERS:
    - Mr Jyotiraditya Scindia, Hon’ble Union Minister of Civil Aviation; and Steel, Government of India
    - Mr Sanjiv Mehta, CEO & Managing Director, Hindustan Unilever Limited (HUL)
    - Mr Aadit Palicha, Founder and CEO, Zepto
    - Mr Praveen Iyer, Co-Founder & Chief Commercial Officer, Akasa Air
    - Mr Richard Heald OBE, Non- Executive Director, TVS Supply Chains Solutions Ltd.; Executive Chair, UK India Business Council (UKIBC)

    FICCI LEADS 2022 – Future Ready Supply Chains

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  • Watch Google India MD Rajan Anandan on Indian ecommerce, its retail  influence Video
    Google India MD Rajan Anandan on Indian ecommerce, its retail influence

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    Rajan Anandan, Managing Director, Google India Limited speaking at the TN Retail Conference organised by the Confederation of Indian Industry. Here is the thought leader speak on impact of ecommerce and technology on retail sector and companies can leverage this. If you are looking to grasp the Indian ecommerce space in fifteen minutes and a clear perspective on where it is heading, there is no one better to address this than Google's Rajan AnandanWatch Google India MD Rajan Anandan on Indian ecommerce, its retail influence With HD Quality

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  • Watch Massive eCommerce Growth is expected during the festive season Video
    Massive eCommerce Growth is expected during the festive season

    The total eCommerce sales for the year 2021 is estimated to clock anywhere in the range of $67-$84 Billion, a significant increase from the total eCommerce sales of last calendar year (2020). The total eCommerce sales touched a mark of $52.57 Billion in 2020, a significant 30% jump from the sales in 2019 that registered a total value of $40.44 Billion. eCommerce sales during the festive season have been following a consistent upward trend for the last few years and this year will be no different. Despite a multi-month lockdown, the growth has been persistent and we expect to see the eCommerce retail sales clock between $11-14 Billion during this festive season. Compared to last year, online sales during this festive season are likely to grow anywhere between 32-68%. With a global pandemic looming at large, eCommerce saw a whopping 66% retail hike during the festive season last year. In 2019, the total eCommerce festive sales accounted for $5 Billion, which escalated to $8.3 Billion in 2020, owing to limited offline services during the first series of nationwide lockdowns.



    In recent years, Electronics has emerged as the leading eCommerce category with maximum GMV share in total eCommerce sales for years 2019 and 2020. This is followed by Fashion & Apparel, Food & Groceries, Furniture & Appliances with an ever-increasing user base from Tier 2 and Tier 3 cities. In 2021, Electronics will remain the category champion followed by other major lifestyle segments. Going forward, eCommerce retail will continue to rise for the festive season of 2021, owing to the swiftly changing customer preferences and digital adoption by masses in the aftermath of a global pandemic. The numbers predict that revenue for digital commerce will continue to register a colossal YoY growth till 2026 and beyond. The festive season this year will contribute significantly towards this revenue growth enabling D2C brands to make up for any losses they might have incurr

    Technology video | 164 views

  • Watch Digital transformation is an indispensable element in the ecommerce industry Video
    Digital transformation is an indispensable element in the ecommerce industry

    #SandeepGupta #CairnOilandGas #AshwiniVaishnaw

    e-commerce in retail space brings solid boost

    The pandemic has proved to be a source of immense learning for every business, especially for the ecommerce space. The year 2021 witnessed the emergence of digital as a preferred medium for businesses that led to increased adoption of digital for reaching out to customers. The e-commerce industry due to its highly volatile nature has been one of the earliest to recognize the urgency of adopting the ‘new normal.’ The necessity of employing omni-channel for ensuring sales across channels has paved the way of employing an e-commerce enabler that streamlines all processes such as stock management, warehousing, payment reconciliation and order management. Omni-channel retail (or omnichannel commerce) is a multichannel approach to sales that focuses on providing seamless customer experience whether the client is shopping online from a mobile device, a laptop or in a brick-and-mortar store. The year ahead will see digital transformation being recognized as an indispensable element in the ecommerce industry to drive operations, fulfill customer demands and ensure customer retention. Many support functions that drive ecommerce operations will come to the forefront.

    2021 has been a year of learning as it exposed businesses to unexpected situations with global markets opening, shutting and then re-opening again. What emerged as the only tool to cope up is - Technology. Businesses have fast adopted the use of technology from their production units to supply-chain systems, from marketing to customer loyalty systems. In the midst of all this, smart businesses have also accepted the importance of RIGHT PRICE! Technology has also played a key role in price determination of products and services across sectors at massive scales and high velocities. As pricing majorly contributes towards the growth and success of any company, technologies such as Artificial Intellig

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  • Watch Global eCommerce Payment Frauds spikes In 2021 Video
    Global eCommerce Payment Frauds spikes In 2021

    In one hand, the COVID-19 pandemic has accelerated the adoption of e-commerce worldwide, on the other, it has led to the rise of e-commerce related frauds. According to a new study from Juniper Research, it has been found out that the value of e-commerce fraud-related losses has risen from $17.5 billion in 2020 to $20 billion by 2021, a staggering growth of a whopping 18% within a single year. The research found out that threat actors, as of late, are targeting consumers as they have increased their online shopping. And this, in turn, is exposing the insecure fraud mitigation processes of merchants who are not very familiar with the overwhelming fraud challenges that exist in the e-commerce space.





    Increased security can easily lead to increased friction for consumers when it comes to payments. The new research report found out that while merchants are inclined towards reducing e-com fraud risks from their current levels, they are hesitant to introduce extra friction in the checkout process. Juniper Research found also revealed that one way to address this would be to include clear messaging about security checks to consumers and use automated behavioural analytics, which leverages A.I. to preserve the user experience, aka UX. The research highlighted that, merchants would need to make sure the extra layer of security checks are well justified to the user. Only then can they prevent higher cart abandonment rates while making sure they are lowering fraud risks at the same time.




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