Different IT Systems used in Retail Assignment Example | Topics and Well Written Essays - 1750 words

Different IT Systems used in Retail - Assignment Example It is notable that there are no two ERP vendors that are the same in the services they offer. The differences are noticed in their product executions based on the functionalities of their products. The applications may be similar in a number of factors that also display negligible exceptions in their developments. Most of the software applications are used to support different tasks as per the requirements of and objectives for which the application was designed. It is essential for the software vendors to establish the benefits of taking care of the business needs of the small and midsized companies. Oracle offers different modules from SAPs that are distinctive in terms of the needs and requirements of the applications being developed. This is seen in the ERP frameworks that the two vendors have to offer because the clients they deal with choose products that suit their business needs. Some of the common needs that companies grapple with include financial management, distribution management, and Personnel management. It is the duty of the vendors to narrow down on specific needs to offer the best services. It is essential for prospective clients to contact vendor before they can start developing solutions. Supply chain management software is essential for companies to have an advantage in the management of its supplies. They are meant to transform the usual supply chains into systems that are meant to bring substantial value to the company’s businesses. They provide an appropriate platform for the transformation of the company’s businesses there by changing the fortunes of the company. The systems bring about flexibility and reliability of company’s operations, which is likely to translate to increased profitability. Supply chain management systems ensure that organizations are able to scale up their operations because of the flexibility brought