Information Management Systems present organizations with many opportunities for success
including but not limited to increased profitability, larger market shares and better customer
service. The retailing sector can take advantage of the numerous opportunities offered by
Information Management Systems to ensure that they reap the highest profits from their
operations. The retail sector has implemented many systems geared towards ensuring that they
provide better service to their customers. For example, through their shopping smart cards
retailers gather information about their customers and their shopping patterns. By doing this,
they are able to know which products are in high demand and at which periods. The Warehouse
Group can utilize this technology to manage their inventory and finances to increase their
operational efficiency. Additionally, they can utilize their CCTV cameras to monitor the
movement of their customers and thereby increase the effectiveness of their shelve patterns. This
would consequently reduce the time spent by customers looking for items…