Information Technology and Information System has advance year over the year. With the help in the advancement of IT and IS, many industries are getting more efficient and convenient. In our topic, we have chosen the Departmental Store Industry. Based on our research, the existence of IT and IS was very important for departmental Store Industry. Certain IT and IS can create effective stock control and product availability for Department Store customer. Not only that, a strategic information system can be any information system such as TPS, MIS and DSS by the use of the three or any one, Departmental Store can even gain enterprise objective, and increase competitive advantage. Firstly, the importance of information technology on Departmental Store Industry stems from the importance of data. A right data, in the right form to right setoff people at the right time, is one of the importance tools for department store. By using the latest technology, data collection process is more convenient to humans. Data collection means the information collected about customers, their purchase pattern, the frequency of their purchase and the typical basket size and store in the company database. The information collected in the data collection process may help the retailer differentiate the frequency of customers who visit their store and also reward them. For example, Tesco was having their member card as you register and purchase item in Tesco you can collect point by using the Tesco card. Until you achieve certain point, Tesco will send you some cash voucher which you can use to purchase product in …show more content…
This would bring a lot of advantage for departmental stores industry and would cause departmental stores industry become more
Here I go again preparing to go to the store Stater Bros and checking my shopping list to see what to buy. As I walk through the store to my left, I can see the organic food and wind up at Services Deli while when going to my right. Buying prepared food saves me time cooking at home and the store has exclusive recipes for everyone. “Human begins walk the way they drive, which is to say that Americans tend to keep to the right when they stroll down shopping mall concourses or city sidewalks,” according to Malcolm Gladwell in his article “The Science of Shopping” (1). He explains how consumers’ shopping behaviors are affected by walking from scanning from left to the right and how it is easier for shoppers to do. Charles Duhigg, writer of The Power of Habit, says that “Realization came from a growing awareness of how powerfully habits influence almost every shopping decision. A series of experiments convinced marketers that if they managed to understand a particular shopper’s habits, they could get
Nordstrom is one of the top retailers in the United States. With a solid brand image and a sound financial situation, Nordstrom is relentless in their expansion in the US, and are beginning to expand into international markets. Nordstrom takes pleasure in providing state of the art client support and having experienced sales people. In order to hold their position as the most successful high-end retailer in the United States, Nordstrom must continue to figure out ways to improve their brand image and customer satisfaction. Nordstrom’s current business working strategy is successful but I believe there are a few ideal solutions that the organization could apply to further enhance the organization. Due to the aggressive characteristics of the fashion retail store market, it is crucial that Nordstrom preserves an aggressive advantage providing the highest level of customer support as possible.
reaches its capacity management every winter when the volume of demand for products increases dramatically. During this time, sales are faster than the system who automatically calculates sales average every five weeks and orders inventory. Then, the manager of the store has to input manually order to keep up with fast rate of sales during winter time. Walmart 32nd St. relies on its information technology systems to take bests decisions reduce risk, increase efficiency of existing resources and forecast accurately on current sales in order to balance capacity management. Data is the key for capacity management efficiency. Technology plays an important role for system perspective at Walmart 32nd St. where the manager focuses on how the structure behavior of the system determine certain events. Walmart 32nd St. use smart devices that help the manager or supervisors to overview data, and get store records in seconds from certain products or activities. Before managers used to waste time and spend hours and days getting data, doing calculations, and then reaching to conclusions. Now days, the data is very accurate and available on
January 30th, 2007-the date of the horrible, propane-fueled explosion that destroyed Little General Store gas station and convenience store in Ghent, West Virginia. This tragic event was the outcome of a routine gas exchange gone horribly wrong, claiming the lives of four people and injuring six others. The incident’s origins lie in 1994, when a 500-gallon propane gas tank was installed against the back outer wall of the building by the Southern Sun gas company (later purchased and changed to Ferrellgas in 1996) in order to power a pizza oven inside the convenience store. In 2007, the Little General company switched its gas provider to ThompsonGas and a new tank was scheduled to be installed on the date of January 30th. That morning, two technicians arrived, ready to install the tank as planned; however, they quickly discovered that
IT infrastructure provides a competitive positioning towards business initiatives like implementation, cycle time reduction. Several well know organizations to us now that are involved in supply chain relationships with the help of information technology have ripe huge gain through integration of both.
Home Plus is a discount big box retailer. They have high end product and low end items with competitive discounts. Their main competitors are Walmart and Target. When I think of Walmart and Target I think of low prices and value products. Walmart has marketed a brand essentially catering to everyday low prices. While Target has products for the middle class consumers, but with a discount. Walmart and Target are both thought as discount stores which carry standard merchandise that are sold at lower prices but in higher volumes.
Thank you for the email regarding your concerns about the new Dollar Store that will be going up behind your house across from the alley. Regarding your first concern about a screening wall around the Dollar Store; the site plan submitted by the developer to Planning & Zoning calls for an 8’ high long-span precast concrete decorative wall that will be put up next to the alley between your home and the new Dollar Store. However, the site plan also calls for expanding the current alley right of way width from 15 feet to 18 feet so you should not have any concern about backing up into the screening wall.
March 29th, 1918 in Kingfisher, Oklahoma the future of retail was born; Sam Walton. He was a business leader and a visionary of an empire. I am Identifying Sam Walton as an entrepreneurial legend due to his revolutionizing of the big box retailer store. Working for Target a big box retailer in itself, I deal a lot with ideas and theories that Mr. Walton himself created.
I like how you used the words trash, recycled and re-purposed to describe the rummage sale of your own closet in reference to what is happening right now in Christianity. As I consider the process of Christianity holding a rummage sale, I am wondering what needs to be thrown in the trash, recycled or re-purposed for what Tickle says needs to happen. Tickle states, “About every five hundred years the empowered structures of institutionalized Christianity, whatever they may be at that time, become an intolerable carapace that must be shattered in order that renewal and new growth may occur” (Tickle 158-159). This is the key, growth and renewal. It appears that every time the church gets complacent and comfortable, the Holy Spirit interrupts the
Grocery Store Discussion questions: 1. Did this grocery store evaluation impact your own food intake and will this impact your nursing practice? How so? It does impact and reinforce my food intake in a way, since I usually look at calories, fat, sugar, and sodium on the labels but forget that the serving size is also a big co-factor.
Now, let’s think about what is Macy’s missing at this moment? A brand that can satisfy younger generation’s need for fashion. Overtime, Macy’s becomes a go to place for families’ holiday shopping, but not a place that younger generation will put in list.
For every $100 spent at a locally owned business, $68 of that will stay local compared to $43 if spent at a “big box store”. Even though people believe that local businesses are not as beneficial as a big box store, buying locally not only benefits the business but also the community because buying locally builds a strong community and the money you spend at a local business gets put back into the community.
It’s a Saturday evening and I am sitting on the benches at the mall. As I am sitting here I am taking in what I see, hear, and even smell. I see a diverse group of people walking all around the mall. Echoes of people’s conversations linger in the back of my ears.
The last decade can be marked as a period of significant changes in the business world. Being accustomed to utilize computers as a powerful tool with its office applications such as Microsoft Word and Excel. In the 1990s office workers first faced the opportunity to share information using the Internet (McNurlin, 2009). However, the situation became even more different with the transition to the third millennium. With a further development of information technologies, the majority of big enterprises had to reconstitute their business processes and to make the transition to the Internet economy. Enterprise resource planning (ERP), supply-chain management (SCM), customer relationship management (CRM) software and the variety of other information systems became essential components of the new economy. It can be expected, that all these complex solutions were designed to bring great benefits for different sides of the corporate activity, in particular, decisions made by top-managers are expected to become nearer to the ideal, customer service is to be improved and collaboration more prolific. Nevertheless, to ensure the desired results it should be taken into account that the key concept of these reorganizations is an information or a data, dealing with which can be a serious issue, and wide utilizing of the data warehouses in contemporary organizations confirms this fact.
Thau was inspired by the Bashar Nejdawi, president of Ingram Micro Mobility that is a provider of technology and supply chain services. According to Nejdawi, “In five years, consumer electronics stores as we know them today won’t even exist, and the same rings true for our favorite apparel brands”. He also asserts that three influential factors will change the retail landscape: instant gratification, borrowing and customization. A good example of instant gratification is Uber or Amazon. The Uber customer can see in real time where the Uber car is and when is going to arrive. In the same way the Amazon provide fulfillment program that allow retailers to sell products that are not physically in storage. In this way the retailers do not have to care about inventory and can concentrate on marketing. Secondly, the borrowing culture is going to grow. As an example is Zip Car or Netflix applications. On the Zip Car program someone can borrow a car just for few hours. Likewise, some business offer a mobile device rental program that allow a customer to lease the latest device for a fraction of the cost. Further, the customization program permits customers to choose their preferences before the product is being made. As an example is miAdidas company that gives to the clients the possibility to create