Description
1 “Elegant Cards Ltd.” has been famous for selling Greeting Cards through various retail outlets, online stores and mass merchandise stores.
With time, the company diversified their product lines including party goods, stationary, photo albums, gift wraps, home decors, cut flower arrangements, books and ornaments used in festivals.
Elegant Cards Ltd. now wants to appoint a Store administrator to ensure maximum productivity, discipline and profitability of stores. Explain various responsibility of Store Administrator.
2 Assume you are the Business development Manager of a Mid Size retail store and you have to brief “Microsoft” to develop a SOMS (Store Operation Management System) which provides a point of sale solution to your store.
Explain all the features of proposed system, which you would like to incorporate with the help of your team and developers of Microsoft.
3 Walmart is the largest retail chain in the world. It is acknowledged for its competitive technological applications that help in its inventory management. The company operates on a philosophy that says, “Inventory Management is all about storing merchandise either for further use or future sales”
(a) In light of above statement critically evaluate the types of inventory at “Walmart”
(b) Critically evaluate the vendor managed inventory model of “Walmart”.
