Behind the Cuts: Unraveling Nike's Decision
It's a tough time for big retailers like 耐克 .?
They're having to make hard choices and layoffs to cut costs and stay competitive. Converse's recent job cuts, which are owned by Nike, show that even iconic brands aren't immune.
But these layoffs point to a deeper challenge that many retailers are facing - how to make sense of all the data they have about customers, products, and operations when it's scattered across different systems and teams.?
It's like having puzzle pieces strewn everywhere instead of a complete picture.
That's where integrating all that siloed data using knowledge graphs can be a game-changer.?
Knowledge graphs connect different data sources into one unified view—it's like putting the puzzle together.
For example, a retailer could use a knowledge graph to combine data about:
With all that data integrated, the retailer could quickly see emerging trends, make smarter inventory decisions, and give customers more personalized recommendations.?
It's the kind of agility they need to stay ahead.
The big question is:?
As retailers double down on being leaner, are they doing enough to modernize how they leverage their data??
Their future could depend on putting the puzzle pieces together.
Next up.... I'll talk about how to create growth in an unstable market.
Orrin