Sandeep Shekhawat Discusses How Smart Retail is Working to Stave Off Recession

Sandeep Shekhawat Discusses How Smart Retail is Working to Stave Off Recession [Live Link]

Published on 02, Mar 2023

The potential economic recession is expected to have a major impact on businesses across the country. With consumer spending reduced and increased costs, businesses are finding it difficult to stay afloat. Companies are struggling to maintain their profits and keep their employees and customers safe during this time. This is causing businesses to make drastic changes to their operations, including reducing staff, cutting costs, and changing the way they operate. These changes can have a devastating impact on businesses, as they are forced to make difficult decisions that could ultimately have lasting effects. 

Sandeep Shekhawat is a director of engineering for a highly successful, global retail chain and has been working on solutions to this problem. By working to help disrupt Supply Chain and keep prices low during the recession, Sandeep is taking on a major role in the economic systems within America, as well as on an international level. 

After completing his Masters in Computer Science from Cornell University, Sandeep has been working with highly trafficked companies including Apple, WhatsApp and other tech chains. He has substantial expertise in areas of the enterprise Internet of Things, which is the interconnection via the internet of computing devices embedded in everyday objects, enabling them to send and receive data. He also maintains a deep well of knowledge in the area of Smart Retail. 

More recently, Sandeep Shekhawat has been implementing smart solutions like deploying mobile applications for associate’s productivity, converting hardware based features into Software based features through the use of AI and deploying IoT solutions to help enable efficient store operations. This process works by collecting data from devices, sensors and machinery within the stores, and utilizing this information to create a more streamline operations process.

Although no one can fully comprehend and guess how the market will rise and fall with 100% accuracy, Sandeep has been working diligently to create and develop systems that give the right information to the right people, in an effort to keep retail prices low enough to stave off the potential of a recession. 

Economics professionals will insist that the American market is not in a recession at the moment, though the market trends may show that we could very well be headed for one soon. With the use of Smart Retail and the understanding of Global Supply Chains, the technology and expertise that Sandeep is bringing to the industry is giving US retail stores, more specifically, Walmart chains, a way to slow, or even reverse these falling market trends. 

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