By Tim Denman and Alarice Rajagopal
Meeting Adversity With Data
TITLE SPONSOR
PRESENTED BY
Retail and Consumer Goods Analytics Study 2020
SPONSORED BY
The worldwide pandemic brought with it unforeseen challenges and exposed holes in retail and consumer goods companies’ ability to effectively predict and meet unprecedented demand. But the industry responded quickly, shoring up supply chains and altering operations on the fly to ensure each product was where it needed to be, when it needed to be there. And now, as the industry enters recovery mode, smart retailers and CGs are investing in their analytic firepower with increased vigor to ensure a seamless transition from the past to the data-fueled future. RIS and CGT’s annual Retail and Consumer Good Analytics Study benchmarks the industry’s analytic maturity and highlights the game-changing technology that leaders are investing in today to guarantee they are prepared for tomorrow. Compare your analytic development to the industry’s best, and see where the smart technology bets are being placed.
STUDY HIGHLIGHTS
Retailers Rank Them-selves as Lagging Behind the Industry Leaders in Analytic Strategy
CGs Believe Analytics Should be Managed by a Center of Excellence, only 10% Have This Capability
47
%
Retailers Spending Less Than 5% of IT Budget on Analytics
67
%
CGs Allocating Less Than 5% of IT Budget to Analytics
⅓
Respondents With VP Titles or Higher
45
%
Investment Plans Explored in a Dozen Vital Areas
12
Key Solution Sets Ranked on Industry Maturity
16
47
%
Key Solution Sets Ranked on Industry Maturity
16
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