|
Retail & Distribution
In order to maximize profits, maintain quality and reduce cycle time, large retailers are opting for global sourcing, joint product development and collaborative planning. Technology is also playing a leading role in the retail process with computerization of procurement, assortment planning, distribution and merchandising.
The entire retail process has been
automated, with the widespread use of technologies like Enterprise Resource Planning
(ERP), Enterprise Application Integration (EAI), software packages for specific functions, and enabling technologies like Asynchronous Transfer Mode (ATM) for data sharing and smart cards.
|