Deloitte ConsultingLife dataresearch report

Reshaping the food retail industry From Deloitte Consulting

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Reshaping the food retail industry report analyzes the future development prospect of the food retail industry from the perspective of science and technology. The science and technology industry reshapes food retailers into a series of software enterprises, followed by changes in work and business model.

The long-term drivers of the digital economy will drive different markets to jointly expand new business areas, so the nature of food retailers may usher in significant changes in the next two decades.

Based on all the current economic, social and Technological Paradigms, if we reshape the food retail industry and the broader food supply chain market in accordance with the basic principles, which kind of enterprises will survive?

Food retailers as data platforms:

Build and operate the digital twin of food retailers, their products and customers accurately and in real time

Simulate the future state in real time to realize high optimization of resource allocation

Continue to adopt the heavy asset model

Food retailer vertical cloud

Use itself as the main tenant of a loosely coupled platform with horizontal integration functions (e.g. distribution, procurement)

The algorithm and technical know-how of self operated retail business can provide top-notch technical support for other enterprises

Food retailers are coordinators

Use the knowledge of customers to match food baskets from many suppliers

Effectively manage the market through online and offline channels

Asset lightweight

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