How can retail tech contribute to sustainability?
Retail tech can enhance sustainability by optimizing supply chains, reducing waste, and improving energy efficiency.
What specific technologies are being used in this area?
Technologies like AI for demand forecasting, IoT for inventory management, and blockchain for transparency are key.
Can you give examples of companies implementing these technologies?
Sure! Companies like Walmart use AI for inventory optimization, while Unilever employs blockchain for supply chain transparency.
What are the challenges faced in adopting these technologies?
Challenges include high initial costs, the need for skilled personnel, and resistance to change within organizations.
How can small retailers get started with sustainable tech?
Small retailers can start by adopting energy-efficient practices, using cloud-based solutions, and collaborating with sustainable suppliers.
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