What Is Macy's Information System

Lei Xia M06297263 xiale@mail.uc.edu (513)328-0115 Executive summary: Macy’s Inc. is one of the oldest enterprises in the United States, belonging to the department stores industry. (Hoovers.com) It is a national brand, owning 850 department stores. During the development of the company, there had several key decisions that were beneficial for the company. However, in recent

Unlike Starbucks, Macy’s is not doing very well, as evidenced by the fact they announced last month the impeding closure of 68 stores (Peterson, 2017). The company has been struggling for a few years with the growth of the internet and online businesses such as Amazon making their brick and

Macy's Inc. is one of the nation's largest and well known department store chains. Started over 150 years ago, Macy's has continually generated excellent returns for its shareholders and employees. Currently, in the midst of a global recession, Macy's has generated huge profits with same store sales increasing 5.3% year to date. In 2012 same store sales increased 4.6% in the month of February alone (Macy's Inc., 2012). In fact, throughout the duration of 2012, Macy's is projecting even larger profits for its underlying business operations. Even though Macy's has experienced success with both its assortments and brand, its competitors haven't faired so well. Sears, due in part to part to a lackluster holiday season, has been forced to close nearly 120 locations to generate excess liquidity in an effort to shore up its balance sheet (Isidore, 2011).Other competitors who cater specifically to the middle class consumer have also lost significant amounts of market share as consumers trade down due to the economy. This performance is primarily due to the core functions and operations of the business. Planning, organizing, leading, and controlling. Macy's excels at these forms of management, which has allowed the company to perform at a higher level relative to its peers in the industry.

EXECUTIVE SUMMARY 1 COMPANY PROFILE 3 PORTERS FIVE FORCES 8 EFE 16 IFE 24 TOWS MATRIX 32 REFERENCES 36 RESEARCH 38 EXECUTIVE SUMMARY 1 COMPANY PROFILE 3 PORTERS FIVE FORCES 8 EFE 16 IFE 24 TOWS MATRIX 32 REFERENCES 36 RESEARCH 38 ------------------------------------------------- table of CONTENTS ------------------------------------------------- table of CONTENTS EXECUTUVE SUMMARY Since the first opening in 1858 in New York the “world’s largest store” it is important to identify key strengths of the company over upcoming threats and weak points. Macy’s differentiate itself from competition with upscale “Celebrity” brand exclusivity, merchandise based on local preferences, and unique store design atmosphere. Based on analysis performed the company weighted strategy is to move towards the online and technology advances with maintaining Macy’s upscale storefront culture, integrating new product offerings with revising promotions to satisfy its target market and expanding operations to a new markets with present demand. From opportunities analysis strategy can be divided in three fragments

Industry Analysis Macy operates in department store retail industry. The U.S. Department Store industry includes over 3500 stores with combined annual revenue of $70 billion representing 20% of the global industry. Department stores in the US increased at a compounded annual growth rate (CAGR) of 3.4% between 2004 and 2009. The US Department store product mix includes a variety of products such as women, men, and children apparel, shoes, cosmetics, and home and furniture. Clothing and footwear market sales accounted for a 53% share of the department stores retail format in 2009 (DataMonitor).

Also information systems assist with making decisions and business processes by formulating strategic plans and make decisions for the organisation longevity and prosperity. Additionally information systems add controls to employee processes, ensuring

It helps firms realize maximum benefit from investment in personnel, equipment, and business processes. All businesses use information systems at all levels of operation to collect, process, and store data. The type of work I do, it is required to do data mining. I am a Financial Project Control Analyst. This operation requires skills in Microsoft Excel and financial data software ("Bureau of labor," 2011).

(TCO A) Cloud computing (Points : 10) is the same as e-commerce. reduces the size of IT organizations. increases business costs.

INFORMATION SYSTEMS PLAN FOR SEMINOLE INDUSTRIES RESEARCH PROJECT Page 1: A. Report Cover Page: Fall 2012 ITM225.SF1 (Implementation plan for Seminole) Page 2: B. Table of Contents I. Seminole Industries Case Analysis Page[3] 1. World business collaboration/ New global information technology infrastructure 2. Seminole issue analysis       2.1. No integrated management system       2.2. Inefficient corporate communication approach       2.3 non-standard data management       2.4. Lack of The increased number of IT investment is applied in organization. It is clear that information technology has become the competitive fact in world business. Collaboration is the new trend in business world. No one can deny the importance of information technology application. Besides the profits outcome, the impacts of information technology deployment also create commitment, trust and value. Advanced information system can improve each steps of business process. It enables people to share information, performance task simultaneously and making decision efficiently. IT companies designed different products to satisfy each step of business operation in terms of manufacturing and human resources. Seminole should apply this new IT infrastructure to business operation. Firstly, company can use the transaction processing systems (IPS) to keep track of all business activities and transaction of the organization such as payroll and employee record keeping. IPS also shows all information from internal and external operation. Secondly, Business intelligence systems are designed for decision-making support. Management information system (MIS) is a system that helps managers to keep track of company performance status, which purposed for decision-making and evaluation. Decision-support system (DSS) is purposed for future business decision-making. Thirdly, Enterprise application systems are designed for integrating business process from different functions, such as supply chain

3. Information Systems are used in the business world to support an organization’s: a. Decision Making b. Business processes and operations c. Strategies for competitive advantage d. All of the above e. None of the above 4. The barriers a Business must deal with, such as competitors, substitutes, customers, supplier, etc are often referred to as:

SECTION I (Catalina): Macy’s, Inc. is a department store company that currently operates over 800 stores under the names of Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, and their newest acquisition Bluemercury, which offers luxury beauty products and spa services. All but one of its stores are located in the United States, Guam, and

Alfredo Rodriguez Information system is a combination of hardware, software, infrastructure as well trained personnel who organized and facilitate planning, control, coordination and decision making within an organization. Information systems are also able to implement a vital integrated set of components for collecting, storing, and processing data. With this, it provided

An information system is a base in today’s business world. Everything is electronic. In various businesses, the survival and ability to succeed strategic business goals is challenging without extensive use of information system. Businesses improve the efficiency of their operations in order to accomplish higher profitablity. Besides that, information systems are important tools available to managers for achieving higher levels of efficiency and productiviy in business operations. For an example, Zara uses the PDA technology to gather customer feedback and input.

It is group of people that the information supports. It performs an action that uses the information system. Any product in the store is included into the information system. This means that whenever a goods scanned, all the corresponding information is returned immediately for the staff member to use. In this way the information system helps speed up floor retailing by being able to return goods information at speed. All records of sales are kept in the system. Management can look at the data that the information system gathers with each sale and can decide if a goods is successful in generate income for the organization. The information also can be used to generate regular reports on the financial stability of the

Also by these systems the company reduced its business cost and maintains the information and the data very updated form.