EXAMPLEs Of CHALLENGES
👉 How to drastically bring products returns down for E-Commerce ?
E-Commerce generates a lot of product returns. People buy products that don’t fit their needs for various reasons (misinformation, impulse purchase, lack of possibility…). This causes a high quantity of products being returned which is costly for businesses, bad for customer experience, and terrible for the environment. How can you bring the number of product returns down to a strict minimum?
Materials
Hacker teams will be provided with energy consumption and production’s sites data as well as selected mentors that can answer their questions.
Judging criterias
The solutions are judged based on scalability and technical feasibility in the retailer's ecosystem.
👉 How to reduce the cost of inventory?
Unsold inventories often lead to economic losses for retailers, as they require warehouse space and charges to maintain them, additional to holding financial resources. Unfortunately, at some point, retailers tend to simply get rid of them. Which also generates bad advertising, as consumers are more and more tracking companies actions regarding circular economy. How can you help retailers reduce the surplus of merchandise?
Materials
Hacker teams will be provided with marketing, sales and inventory data; as well as selected mentors that can answer their questions.
Judging criterias
The solutions are judged based on the scalability and technical feasibility in the retailer's ecosystem.
👉 How to cut energy consumption and environmental footprint?
Climate change and increasing CO2 emissions raise concerns for each of us. Every retailer or e-commerce player is now expected to take actions to tackle its impact on the environment as they have a massive carbon footprint. All industries are concerned, from fashion and luxury brands to start-ups, department stores, FMCGs companies, etc.
How can technology be used to help retailers to switch to renewable energy and make long-term savings?
Materials
Hacker teams will be provided with energy consumption and production’s sites data as well as selected mentors that can answer their questions.
Judging criterias
The solutions are judged based on scalability and technical feasibility in the retailer's ecosystem.
👉 How to implement or improve product traceability ?
For many retailers it is still hard today, to know the exact origin of the raw materials that are used in the manufacturing of its products, regardless if these materials are animal, vegetal or mineral. Yet, consumers want to know the precise origin of what they buy and are turning to local shops and groceries, as a way to reduce their environmental footprint. Retailers could retain existing and gain new clients by informing them about their product’s origins. To counter that, how technologies could create a traceable supply chain that will inform clients of the product’s origin ?
Materials
The Hacker team will be provided from your product’s origin data as well as selected mentors that can answer their questions.
Judging criterias
This solution is judged based on the feasibility and the relevance of data.
