The present crisis has changed customer behavior and buying patterns, increasing focus on buying essentials, and at the same time, discouraging consumers from stepping out in public areas to procure them. There’s a pressing need for retailers to develop and capitalize on a new delivery model in this environment. Wipro’s ‘Qwik Retail on Wheels’ solution provides a fast and easy way of deploying IT solutions to manage mobile retail stores to meet such requirements and generate additional revenue for retailers, while building brands in the local communities and neighborhoods.
The pandemic has also given rise to a number of contractual risks and a renewed relevance to the ‘Force Majeure clause’ provision. These and other factors will completely change the face of contract lifecycle management in the future.