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Highlights of the
week:
For
more career opportunities from various industries,
please access Career
Axis.
Dear
Students, In 2020
and 2021, the retail industry saw a quantum leap in the use of
cognitive AI intelligence as we witnessed the exponential growth in sensors
and IoT devices, enterprise data, as well as images, media
and text data on social media/ecommerce platforms.
Source: IBM Digital
Business Group As we are
now fast evolving to live in Society 5.0, we must not only leverage digital
technologies and data, but also complement that with our imagination and
creativity to materalise ideas. Hence, individuals
should endeavour to compete with cognitive AI not just for productivity, but
in innovation as well.
Source: Keidanren
Policy & Action Against
this backdrop of rapid digital transformation and influence of cognitive AI,
the “new norm retail” will present many potential pathways with a bright
future, such as:- Shopopreneur
Technology has
enabled retailers to modularise the business functions through Shared Services, allowing you to track and trace
goods across borders, stores, and so on. It allows you the ability to take
over and run a 7-11 equivalent store. Furthermore, the entire e-wallet
checkout experience, which includes self-scan and auto-visual "facial
recognition" of products, frees you up for more innovative business
ideas. Last but not least, hop on the cross-border trains with Smart
Retail Solution
and Cross Border Solution in anticipation of a $1T Gross
Merchandise Value (GMV) e-Conomy
SEA 2030 and sell
to 400 million China middle class. Shopotainer
If you have a talent for curating merchandise, designing acoustic ambience,
entertainment, and livestreaming, you will thrive in a market worth US$500 billion.
For shopotainment in a multi-channel network, you can strive to be content
providers, Key Opinion Leaders (KOLs), or be part of training agencies and
production houses.
Metaverse Digi-Marketer Digital consumerism has
accelerated, further propelled by the Covid-19 pandemic. Even on the
receiving end, consumers now expect digital marketing to be useful and
relevant to their daily lives. With cognitive AI-enabled location-based and
persona-targeted marketing, AdTech and MarTech professionals can expect to
become innovative in the metaverse era. HR Future Ready Manager Technology, globalisation, and
rapid innovation are all causing workplace disruption. The retail industry
offers a dynamic playing field for a long-term fulfilling HR career in
deconstructing organizations in order to shape the workforce for the future retail organisation. Global Ready Manager If you wish to work your way up the
retail corporate ladder and become a C-suite leader, Singapore has many
global retailing conglomerates for you; Club 21 (Singapore), DFI Retail Group (Hong Kong), Al-Futtaim
(Dubai)
and IKEA
(Europe) are just some to name a few. And to handle working with
multi-national talents from all over the world, be sure to develop your soft skills as they may think differently
about teamwork, negotiation, etc. as seen below.
Come join the vibrant and
progressive retail sector that provides you with advancement in your career. For more details about SRA, learn
more via: Website| Facebook
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