Retail Innovation - Executive Roundtable: Q2 2023

Groundbreaking innovations in retail have tremendous potential in bringing retailers and customers closer. The integration of augmented reality (AR) and virtual reality (VR) technologies enables virtual product trials and personalized shopping experiences. Artificial intelligence (AI) and machine learning (ML) drive personalized marketing, advanced recommendations, and predictive analytics, anticipating customer preferences. Mobile payment systems revolutionize retail by facilitating seamless transactions and eliminating barriers. These innovations integrate technology and commerce, enabling retailers to establish deeper connections with customers.

Chad Kramlich

CEO, Open Sky Group

Shahin Kohan, a seasoned and trusted technologist, businessman and advisor, is on a mission to catalyze the potential of people and organizations through the power of technology. Three decades of experience working across industries has granted him the knowledge, resources and perspective to effectively create solutions to problems of any size, and ultimately help others make their impact on the world. His companies, including AIMS360, the leader of fashion technology, and Kumo Technology, a pioneering workflow innovation and software development company focused on the private lending industry, allow him to achieve that goal. A proud American immigrant raised amidst the struggle of Tehran, Iran in the 70s, his inspiring journey of possibility, persistence and passion fuels his deep appreciation and endeavor to make technology more accessible, human and powerful for all.

The COVID pandemic has accelerated the shift from bricks and mortar to e-commerce retail, leading to significant innovation in logistics and distribution facility automation. Microfulfillment companies such as Davinci Micro and STORD are assisting retailers in optimizing inventories through regional and localized warehousing. Their technologies enable retailers to keep the right products closer to customers, reducing excess inventories, freight costs, and delivery times. Facility automation and robotics address labor shortages and enable faster order fulfillment with less space. As integrators and installers of these technologies, we at NPSG are continuously amazed by the innovation displayed by these companies.

Tad Selby

CEO, NPSG Global

Shahin Kohan, a seasoned and trusted technologist, businessman and advisor, is on a mission to catalyze the potential of people and organizations through the power of technology. Three decades of experience working across industries has granted him the knowledge, resources and perspective to effectively create solutions to problems of any size, and ultimately help others make their impact on the world. His companies, including AIMS360, the leader of fashion technology, and Kumo Technology, a pioneering workflow innovation and software development company focused on the private lending industry, allow him to achieve that goal. A proud American immigrant raised amidst the struggle of Tehran, Iran in the 70s, his inspiring journey of possibility, persistence and passion fuels his deep appreciation and endeavor to make technology more accessible, human and powerful for all.

I am most excited about the potential of SMS marketing and influencer marketing to help retailers connect with their customers across every channel. SMS marketing is a personal and engaging way to reach customers, and influencer marketing can help to build a sense of community around a brand. The modern age platforms help brands to make the most of these two channels. They allow brands and influencers to collaborate on SMS marketing campaigns whilst also providing brands with analytics data so they can track the performance of their campaigns and see which influencers are most effective

Ryan Mulcock

Co-Founder and CEO, CreatorCart

Shahin Kohan, a seasoned and trusted technologist, businessman and advisor, is on a mission to catalyze the potential of people and organizations through the power of technology. Three decades of experience working across industries has granted him the knowledge, resources and perspective to effectively create solutions to problems of any size, and ultimately help others make their impact on the world. His companies, including AIMS360, the leader of fashion technology, and Kumo Technology, a pioneering workflow innovation and software development company focused on the private lending industry, allow him to achieve that goal. A proud American immigrant raised amidst the struggle of Tehran, Iran in the 70s, his inspiring journey of possibility, persistence and passion fuels his deep appreciation and endeavor to make technology more accessible, human and powerful for all.

Accelerating Innovation in Retail

Accelerating Innovation in Retail

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