To convert extra visits into extra revenues, try the following some of these strategies.

Technology companies must view product development as a software supply chain, identifying the complexities of multiple business models and introducing a framework to mitigate risk.

Consumers globally have rapidly adopted digital retail channels. These channels will usher in a new age for retail.

This paper talks about the role that supply chain plays in a retail firm's growth pattern.

By harnessing the power of social media analytics, smart retailers are realizing they can fuel future business success in a channel that is growing and strengthening every day. Advances in analytics are allowing retailers to capture conversations, improve the ability to map content and capitalize on engagement insights.

Retailers must carefully prioritize the fulfillment of customer orders to maximize their inventory productivity and profitability.

The needs of the empowered consumer can be met by providing a consistent, cohesive and compelling customer experience.

As Facebook, Twitter and other social tools go mainstream, retailers must tap these rich pools of consumer-generated data to make more strategic buying, stocking and selling decisions.

Consumer shopping behavior has become increasingly polarized. Consumers will hunt assiduously for bargains on everyday items, but they're willing to splurge on a few luxury items; a trend that is squeezing mid-tier retailers, which need to adapt their pricing strategies to survive competitive encroachment from above and below.

The strategy that has made supply chain organizations effective over the last decade is not likely to be what makes them effective in the next.

Fighting value retailers over pure price is a tough battle. A better one for own stores might be to provide a more unique shopping experience with industry best-in-class service, where shoppers can test products in a safe and inspiring environment

Learn how you can embed sustainability into supply chain management.

As consumers make trade-offs and prices stabilize, understanding consumer behaviors, needs, and preferences will make your offerings "sticky".