Information Management Systems

ProTech/Leadership – Business Management
October 6, 2020
Management and Public Service 3 pages, not including title pages and references Describe three managerial strategies that are used in public administr
October 6, 2020

Information Management Systems

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…