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Balancing Act: Dollarama's Digital Leap in the World of Budget Retail

Balancing Act: Dollarama's Digital Leap in the World of Budget Retail

FromCIO Talk Network Podcast


Balancing Act: Dollarama's Digital Leap in the World of Budget Retail

FromCIO Talk Network Podcast

ratings:
Length:
29 minutes
Released:
Apr 8, 2024
Format:
Podcast episode

Description

Dollarama's journey into digital transformation showcases a balancing act of integrating advanced technologies in a traditionally cost-conscious business model. As the retail giant ventured into this new territory, it faced the challenge of enhancing customer experience and operational efficiency, all while staying true to its ethos of simplicity and affordability. The strategic implementation of CRM systems, data analytics, and inventory management technologies highlights the complex interplay between innovation and traditional business values. So, how did Dollarama manage to align its digital advancements with its budget-friendly promise? What innovative approaches were vital to maintaining its market position during this digital shift? And how can other retailers draw lessons from Dollarama's experience to navigate their digital transformations? Guest: Nicolas Hien, Chief Information Officer, Dollarama L.P. Guest Bio: https://www.ciotalknetwork.com/contributor/nicolas-hien/ More on this Episode: https://www.ciotalknetwork.com/balancing-act-dollaramas-digital-leap-in-the-world-of-budget-retail/ More on Leadership: https://www.ciotalknetwork.com/topics/leadership/ More on CXO: https://www.ciotalknetwork.com/topics/cxo/ Visit CIO Talk Network Website: https://www.ciotalknetwork.com/ Subscribe to our Newsletter: https://www.ciotalknetwork.com/subscribe/ Nominate Guests or Sponsor: https://www.ciotalknetwork.com/contact/
Released:
Apr 8, 2024
Format:
Podcast episode

Titles in the series (100)

Today, Enterprise Technology is both Strategy and Global. On CIO Talk Network (CTN), Business IT Thought Leaders from around the globe share their experience and discuss how they are partnering with business to innovate and help grow the top line revenue, better care of customers, and improve the corporate bottom line. If you want to keep up with changes in technology and how it can be leveraged to maximize business potential, listen to CTN: CIO Talk Network