Board Asia Pacific to outline how businesses can optimise operations with digital transformation

Join Board Asia Pacific and Retail Asia to know more about how the shift to digital can assist companies in decision making.

Digital transformation is a continuous process of leveraging the latest technology and processes to understand customers, partners and employees and make better decisions. A continuous process requires a strong but flexible foundation to take advantage of opportunities and changes that will happen in the future. 

A recent BCG research indicates that 70% of digital transformations fail due to the lack of flexibility in the technology platforms of organisations. However, organisations that secure a business-led modular technology and data platform improve their odds of successful digital transformations significantly. 

An elaboration of “Business Led Modular Technology and Data Platform” will help highlight the key aspects of the technology foundation necessary for a successful digital transformation. 

• “Business Led” means that the choice of platforms should be based on inputs, direction, and involvement of the business teams. IT teams should focus on providing guidance on integration and security of the platforms with businesses taking the lead in choosing the right platform. 
• “Modularity” is a characteristic of solutions that can be integrated easily with other tools. Massive Technology Solutions which claim to do everything lead to lock-in and organisations are disadvantaged by the lack of innovation inherent in large footprint technology solutions. 
• “Technology Platforms” are solutions in finance, marketing, supply chain and workforce that can be built in a single platform provide comprehensive coverage of all business functions as well as ensure that the impact of decisions in one function is easily understood by all related business functions. 
• “Data Platforms” are capable of integrating easily with on-premise, cloud and web data vendors and provide unified data provide immense business value by lowering the cost of data acquisition, speeding up technology implementations and increasing the breadth of data available for business analysis and decisions.

To know more about how your business can take advantage of opportunities within your digital transformation journey, join Retail Asia in partnership with Board Asia Pacific, as we hold the Go Digital: Transforming your Business Operations in the Digital Age exclusive roundtable on 12 April 2022, 4:00 PM to 5:30 PM SGT/HKT.

The exclusive roundtable aims to provide companies with solutions in order for them to access the most accurate, up-to-date information at all times and set up a sound and consistent practice and performance within supply planning and decision making, ensuring that everyone is on the same page.

Retail executives and decision-makers are invited to attend this event as we outline the necessary infrastructure and data foundations for the digital transformation journey, with key insights on the following topics: 

Panel Discussion 1: Addressing the challenges in your digital transformation journey 

• How is digital transformation and digitalisation relevant in improving the business and sales operations of a company? 
• How can digital transformation assist companies in having improved decision making? 
• How did retail companies adapt to digital transformation in the past years? What challenges did they face and what opportunities did they take? 
• How did the digital transformation journey begin? What went well and how would they do things differently knowing what they know now? 

Panel Discussion 2: Leveraging digital strategies and solutions for smoother operations 

• What are the innovative solutions that businesses and retailers can leverage to make operations smoother?
• How can companies make sure that the strategies they are implementing would benefit the company in the long run? 
• How did the company overcome the challenges of siloed and disparate systems and data sources to unify the data?
• What technology solutions helped them in their journey? What were the key elements they were looking for in their technology solution for transformation? 

Attendees will learn from regional and multinational retail companies which have undergone a digital transformation in the last few years. The webinar will be attended by C-level, senior-level, and decision-makers from top retailers in Singapore, Hong Kong and many more. 

Are you interested in joining this event? Please contact the Retail Asia events team at [email protected]. To register, click here.

Written by Sharath Bobba Regional Pre-Sales, Board Asia Pacific.