On July 23, 2024, Logic ERP had the honor of participating as a key ERP partner at the Premier Bengaluru Retail Summit 2024, hosted by the Retailers Association of India (RAI). The event took place at the Sheraton Grand Bangalore Hotel, Bengaluru, bringing together industry leaders, innovators, and visionaries from across the retail sector.
Our team of ERP experts, including Mr. Surendra Nayak – VP of Sales & Marketing; Mr. Vishal Bansal – Marketing Manager; Ms. Keerthika Palithya – Sales Manager; and Mr. Rahul Ramesh – Sales Associate, represented Logic ERP with enthusiasm and expertise. They engaged in insightful discussions with industrialists, garment retailers, and other visitors, showcasing our cutting-edge ERP solutions and their role in shaping the future of retail.
We extend our deepest gratitude to the Retailers Association of India (RAI) for orchestrating this landmark event. Special thanks to Dr. Hitesh Bhatt, Director of Marketing and Communications, and Bijou Kurien, Chairman of RAI, for their leadership and vision. We also appreciate the invaluable contributions of the following panelists who shared their expertise and perspectives:
We also appreciate the invaluable contributions of the following panelists who shared their expertise and perspectives:
- Nirupa Shankar, Joint Managing Director of Brigade Group
- Ganesan V P, Business Leader for Retail, CPG, Travel, Transportation, Pharma, and LS Industries at IBM India South Asia
- Verma Kapil, Executive Director – Consumer and Retail Industry at IBM Consulting
- Jermina Menon MRICS, Branding & Marketing Strategist at Bhartiya Urban
- Rajneet Kohli, CEO & Executive Director at Britannia Industries Limited
- Nikita Prasad, Head of Design at GIVA
- Mrunmay Mehta, CEO of WOW Skin Science
- Stephen Jude Noah, AVP of Leasing Retail at Prestige Group
- Vivek Lohcheb, CEO of Pincode
Key Insights from the Bengaluru Retail Summit 2024:
- The Role of AI in Retail: The event underscored how artificial intelligence is transforming the retail industry, enhancing customer experiences and operational efficiencies.
- E-Commerce Growth: We explored the rapid rise of the e-commerce sector in 2024 and its implications for traditional retail models.
- Omnichannel Strategies: Discussions highlighted the importance of integrating multiple channels to create a seamless and engaging customer experience.
- Consumer Behavior Trends: Panelists provided valuable insights into evolving consumer preferences and behaviors.
- Key Drivers of Change in Retail: Key topics included the impact of digital payments, GST, rising operational costs, the growth of store brands, and the expansion into tier 2, 3, and 4 cities.
- Digital Transformation: The summit showcased how leading retailers are adopting digital technologies to drive growth and stay competitive.
- FMCG Sector Expansion: We noted the significant growth in the FMCG sector in India and the balanced approach to expanding both rural and urban markets.
The Bengaluru Retail Summit 2024 provided an inspiring platform for discussing the future of retail and the challenges and opportunities it presents. The event reaffirmed the critical role of IT and innovative solutions in driving the retail sector forward.
We extend our heartfelt thanks to all the industrialists, retailers, and visitors who made this event memorable. We are excited to continue these crucial conversations and contribute to the ongoing evolution of the retail industry.
Stay tuned for more updates and insights as we continue to lead and innovate in the retail sector. Watch More!
