Retail: Overview…
Rolta offers a host of customized solutions for the retail industry, including systems for advanced planning and scheduling, inventory management and merchandizing.
With the increase in globalization of retailers both in terms of their points-of-sale, as well as their points-of-supply, the Information Technology (IT) spend in the retail sector has increased considerably and plays an increasingly important role in managing the complexity of retail operations.
IT systems are at the heart of retail operations and hence play a central role in alleviating pressure points in the retail sector. The converse also holds true—retailers who do not manage their IT landscape effectively will find that, in time, the IT systems become part of the problem rather than components of the solution. This is particularly true for IT systems that can significantly influence cost of goods sold in the retail sector; for example advanced planning and scheduling systems, inventory management systems and merchandizing systems. Additional systems that share a crucial role in retail operations are the promotional and seasonality management systems that, when leveraged effectively, can increase the top-line revenues for the retailer.