In the modern world, no business exists in isolation. In the retail sector, perhaps more than any other, this means that information from customers, suppliers and distributors is vital to delivering effective services. Business to Business In order to succeed, retail and consumer companies are forging ever closer ties. This allows them to make better decisions, get goods to stores in a timely manner, and market them effectively. All of…
Read MoreClosing the Digital Divide
Closing the Digital Divide – Seven things you need to get right in order to take advantage of the digitised supply chain. More than ever before, commerce today relies upon close collaboration between businesses at all stages of the supply chain. This enables suppliers, manufacturers, distributors and ultimately customers to benefit from a boost in performance, reduced time-to-market and lower costs. Ultimately this means bigger profits, but it also gives…
Read MorePayment Service Directive (PSD2) and what it means for retailers
The revised Payment Services Directive ( PSD2 ) was adopted by the European parliament in the final quarter of last year. Yet many retailers remain unclear about what it actually means for them or for their businesses. Let’s take a look at what changes it will make, why they’re important and how developing strong API’s will be key to implementing this new directive. Background The idea of the original Payments Services…
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