Retail Innovation revolutionize the industry
This year the roundtable on the retail sector will focus on retail innovation. Over the last years, most ASEAN countries have aimed towards achieving retail modernity, catching up with more advanced geographies. To transition from followers to leaders in the retail space, there is now a unique opportunity for countries to embrace innovation. Driving innovation in the retail sector is expected to benefit all stakeholders.
Consumers would enjoy an improved retail experience, a broader menu of products (e.g. from across ASEAN), better products and lower prices. Industry players -retailers, manufacturers and innovation providers- would strengthen their offering and grow, giving some of them the scale to expand across the region.
Each ASEAN country would benefit from a more dynamic retail industry to reach their growth and development targets. Finally, higher GDP and regional homogeneity in the retail space would help drive ASEAN integration.
Issues discussed
- Landscape and current status of retail innovation opportunities in the region.
- Potential barriers to the development of retail innovation in ASEAN and the role of key stakeholders in overcoming them.
- Improvement on the implementation areas on Non-Tariff Measures (NTM) and Non-Tariff Barriers (NTB) that continue to be imposed for legitimate reason.
- Using innovative retail technology to simplify the management process.
- Enhanced technology skills and knowledge for the retailers and customers.
Sector Chair Candice Ong, Managing Director, Zalora Southeast Asia
Sector speakers
- Datuk Dr. Rebecca Sta Maria Secretary General for Trade, Ministry of International Trade & Industry, Malaysia (MITI)
- Tony Collingridge, Director of Trade & Investment for Malaysia, UK Trade Investment (UKTI)
- Teruyuki Kawabe, Manager, Global Retail Solutions Division, NEC Corporations
Research Partner Olivier Gergele, Principal, AT Kearney Geir Olsen, Partner, AT Kearney
