Kmart Essay

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5.0 HOW IT ACT AS ENABLER- IT BECOME AN ENABLER FOR THE
COMPANY STRATEGY

Information technology (IT) is the use of any computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data. IT includes several layers of physical equipment (hardware), virtualization and management or automation tools, operating systems and applications (software) used to perform essential functions. IT becomes enabler technology is an equipment or methodology that, alone in combination with associated technologies, provides the means to generate giant leaps in performance and capabilities of the user. Walmart have several information systems that used to run the …show more content…

A point of sale system is designed to provide this information to the business owner. Walmart as a largest retailer in the United States has their own point of sale system.
POS enable Walmart knows exactly the volume of sales on any given day and during any point of the day. By using POS, Walmart also can determine how many cashiers they will need for certain hours on any given day of the week. This ways will reduces labor costs because they can open up the proper number of registers and not bring in too many cashiers reducing labor costs. Furthermore, by having the proper number of cashiers during heavier periods of time, customers will refrain from the leaving the store because the lines are too long.
By using of POS, supplier of Walmart will get the information directly from the retailers that use point of sale systems that provide minute by minute updates in total sales nationwide. The transaction activities from all the stores are compiles to the headquarters.

5.2 Electronic Data Interchange …show more content…

Besides that, it also can help Walmart to track sale, reduce costs, improve customer service, and so on. By this strategy, Walmart knows exactly the volume of sales on any given day and during any point of the day. A POS system provides the latest sales reports for the day, week, month, or year of the company. POS allows for improved customer service. Transactions are processed much quicker, item that are scanned for their price are accurate which lessens sales discrepancies.
There is also a wide selection of methods to take payments such as credit cards, debit cards, gift cards. Businesses can also keep track of the time of day that certain products are selling so they can arrange marketing displays around peak selling times. As well, businesses will spend less time on paperwork, inventory management, sales record keeping, as well as managing such programs as marketing, advertising programs, discount programs, and much more. For example, through Walmart’s development of a strategic supply chain management system, they have been able to optimize their logistics, procurement, and inventory management system which has been a key factor in reinforcing their everyday low price

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