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Making Store Lifecycle Management Strategic

Recognizing the retail real estate market is in constant flux, Strategic Store Lifecycle Management (Strategic SLM) addresses the gap between these standalone solutions, by logically connecting purpose-built GIS with predicative analytics and store development execution.

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In Making Store Lifecycle Management Intelligent, Pranav Tyagi and Bart Waldeck discuss the importance of both strategy and execution and the interplay between them. They delve into the current landscape to uncover the limitations of standalone Geospatial Information Systems (GIS), Predictive Analytics and Store Lifecycle Management/Integrated Workplace Management solutions that focus on either strategy or execution. 

“Recognizing the retail real estate market is in constant flux, Strategic Store Lifecycle Management (Strategic SLM) addresses the gap between these standalone solutions, by logically connecting purpose-built GIS with predicative analytics and store development execution. This enables retailers to adapt to rapidly changing market conditions by providing the necessarily intelligence every step of the way – and as changes are made to any part of the plan, they flow through the entire system so that agile strategic decision making can meet rapid execution.

 

The truth is, both strategy and execution are important – and to make real estate and store development strategy effective, the interrelation between them is something companies can no longer overlook.”