Description Of The Clymb 's Performance And Its Position On The Retail Industry

As we have learned throughout this course, the value of information technology has been one of the most influential aspects of conducting business. Information technology is used on a daily basis at all organizations, and it has grown exponentially throughout the course of history. Organizations purchase and implement information technology to gain a competitive edge over their competitors. This dates all the way back to the invention of the steam engine, in the mid-1800s, which allowed finished products to be mass transported by the railroad system. The companies and corporations that used the rail system gained a competitive advantage over smaller companies that used other modes for transporting their

The retail industry is highly competitive, with few barriers to entry. Each Company competes with many other local, regional and national retailers for customers, associates, locations, merchandise, services and other important aspects of the Company’s business. Those competitors include other department stores, discounters, home furnishing stores, specialty retailers, wholesale clubs, direct-to-consumer businesses and other forms of retail commerce. Some competitors are larger than JCPenney, have greater financial resources available to them, and, as a result, may be able to devote greater resources to sourcing, promoting and selling their products.” There are many factors that characterize competition, including advertising, service,

The information and communication technologies greatly emphasized businesses information exchange in many different ways, which included online shopping, e-commerce texting, fax, emailing, video conference, phone conversation and many more. Apparently, information and communication technologies emerged with numerous issues, which may directly or indirectly affect you or your business daily operations [1]

■ Decline of middle market retailers. Growth seems to be centered at the top (with

The retail industry is a prime example of the modern version of Chamberlin and Robinson’s model of Monopolistic Competition (Grewal, 441). The retail industry consists of vast markets with different brands and goods of one common goal, to sell their products. To cater to this rapidly changing market many large scale retailers are findings ways to make their product more appealing to the public in hopes of gaining market share over their competition. As prices rise, customers are forced to buy substitutes of well-known brand names or alter their preferences. This results in the phenomenon known as monopolistic competition.

At the present time, information technology changes fast, and most companies has built their own websites, online shops, and databases to help them to increase their sales from online customers. They collect information and analyse their customers to know their customers ' needs and wants. Therefore, M&S has invested its information technology, such as online shop in 1999. In addition, most stores in the UK and Western Europe were running a trial of the EPOS (Electronic Point Of Sale)[3] systems. M&S has also used this system to drive sales, increase customer service, and improve its efficiency (Yorwerth, 2001).

Firstly, a short summary of the case study, Amanda Jane Horse Wear will be illustrated with the main problem that will be identified. Next, a brief description of e-commerce in terms of definition, issue and benefits and the current trends will be explained as a part of e-commerce analysis. The relationship between e-commerce and information systems which are data, people and procedure will be illustrate in system specification. Recommendation about ways to implement e-commerce and other

The use of technological infrastructure such as information technology and state-of-the art communication system is a very powerful tool in any business today that guarantees up-to-date and hasten

According to Lewis and Dart (2014), the world of retail is transforming by fundamentally each day. There are quick technological shifts, globalisation as well as a tightly competitive market setting. These changes have helped to bring consumers the desired products and services instantly. The availability of market goods and services to consumers raises the expectations and demands. It is true that availability of a variety of goods to consumers would change their behaviour. Individuals would order for more new products which puts companies in competition for the best offer. Lewis and Dart believe that the technological shifts may not be met by all companies; at least half will not meet the

As the new technology and fast evolution of software, keeping information system efficiency became a challenge. On the enterprise side, the company’ operation, inventory, and logistics systems are the key to success. On the customer side, the high quality and satisfied experience from the user interface is very important. Moreover, the establish and develop a new technology is costly and different.

Further development of the enterprise depends on way it performs under outer factors of the market. Regarding Porter’s model of business competition forces, the company’s position is analyzed throughout five aspects (Mind Tools Editor Team, 2016). There is a significant threat of the new competitions as this company is not the only retailer company in the world of electronics and gadgets. Buyer's’ behavior defines the future effectiveness of the company as it mostly depends on the way representatives of the target market are ready to buy top-notch products by Apple and Samsung.

Considering the traditional legacy management reporting and decision support systems, they could not maintain performance and build a competitive advantage after the acquisition strategy and expansion. Almost 21 decided to utilize an integrated system that could facilitate transaction processing, analytical work and reporting so as to forecast accurately to follow the fashion trend and react rapidly to the target market. Appreciating the development of information technology, with its capability of offering connectivity and enterprise integration, supply chain, customer relationship management and business intelligence applications, not only improve the efficiency and effectiveness of the company’s supply network, but also satisfies

The methodology of doing business has greatly been affected by the emerging technology for the last two decades. Business organizations are forced to adopt new technology in one way or the other in order to cope up with the dynamic customer and industry requirements. The most influential technology is the information and communication technology, which has seen business organizations diver their modes of conducting business from the traditional local based system to computer and internet based information seekers. It is arguable that the advent of computer and internet has changed the role of information in business, and

From this, a deficiency in the technological infrastructure is generated since most internal processes are carried out manually, using more personal, natural resources, increased spending on time, and with high probability of losing customers the constant telephone use. In this case, when a customer calls is normal to find the line busy and the company is losing potential customers. The idea is to include more technology in the organization to benefit clients and staff, in order to be more efficient and productive to meet and satisfy internal and external customers.

Mission Statement. The mission is to support information system functioning at the small, medium-sized and large enterprises. In carrying out the mission, it is necessary to support the current information system at the enterprise, to analyze the status and trends of modern information systems, to provide the timely information exchange between the enterprise’s departments, to ensure the decision-making management process by providing the timely and accurate information, to design and implementation new information system at the enterprise. All this actions must be economically grounded, what is complementing the mission.