Although the retail and wholesale customers have typically invested a low proportion of their total revenues in information technology, retail industry leaders have begun to demonstrate an ability to achieve market advantage through the effective use of specialized enterprise applications. As a result, the requirement for all retailers to increase their investment in IT and adopt best practices has thus grown.
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retail segments, grocers, for example, have the additional challenge of ensuring store assortments with close attention to the products' freshness, its quality, and to localization factors. This is all to address the increasing sticker-sensitivity amongst shoppers. Further, due to many perishable items, composition and decomposition, and unit of measurement (UOM) changes, grocers have additional functional requests for the applications that would help them track on-sales velocity, spoilage, and the