The core components of a retail information system are inventory management, inventory optimization, revenue management, sales management, and reports and inquiries. Non-core components can include financial, supply chain management, enterprise resource planning, customer relationship management, and warehouse management systems.
crm retail industry
support, and other important CRM functions. For more information on CRM, see Comparing On-demand Customer Relationship Management Service Alternatives. Warehouse management system (WMS) . A WMS manages the movement and storage of products throughout the warehouse. It should include capabilities such as yard management, inventory management, order picking, receiving, logistics, shipping, and distribution. Conclusion The retail industry represents a vertical with many vertical segments. Nonetheless,