¶ … Change: Macy's Inc.
The Board of Directors Macy's Inc.
Re: Report for recommendations
Team Leader
Change Management Macy's Inc.
The usage of technology as a source of expediting business processes, reducing cost, and shortening lead time to market products is widely appreciated in the business world. It is also observed that technology offers various solutions to a business process in order to achieve its desired results. The organizations also compete on the basis of their competitiveness and increase productivity after deployment of innovative technology solutions. The business productivity and employee performance enhancement through various technological solutions can only be achieved through a detailed scenario investigation and deriving a solution that is technically and operationally viable.
The business solution proposed for the organization includes implementing technology oriented solution to reduce their operational cost and increase products availability. The business is a retail stores chain with various branches across the country. The storage of stocks and replacement of inventory is handled currently in a traditional manner. The stocks are maintained at various strategic locations in order to facilitate the replacement upon requirements. The logistics and labour department coordinates with the branch managers to order and receive the required quantities of various inventory items. It not only causes increased time for shipment but at times various inventory items are also found to be short from their shelves. The management has dedicated a team of business and IT professionals to resolve the issues based on their recommendations. It is also noted that the business would like to spend minimum amount of capital investment in order to maintain their profitability in accordance with the current economic conditions.
The methodology used in preparing the report is based on the qualitative research techniques. It includes the interviews from organizational employees and developing...
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