Database System in a Retail Environment
We are in a world of information boom and efficient management of data holds the key for success in this new business environment. The world of Internet has opened new vitas for corporations to take their business into a global level. Data management is at the center of all business applications and database systems are the very core of this new business perspective. Database systems have helped us take a huge stride in our ability to collect, interpret, and even assist in our decision making process. In short we can say that database management systems have bought a paradigm shift to our mode of business and have evolved from being simple store houses of data to more complex and highly efficient business decision making tools. Let us take Wall-Mart, the giant retailer as our case study and how the company profited from the implementation of a highly sophisticated database management system. In the process we will also analyze some of the problems faced by the company and possible solutions for the same.
Summary
Wall-Mart (Data Warehouse)
Wal-Mart Inc. is one of the biggest retailers in the United States with more than $200 billion in annual sales. Spread throughout the nation with more than 2600 discount stores and around 480 SAM clubs Wal-Mart has an exhaustive presence within the United States and even in Canada. Managing such a huge network of stores is no easy task and in order to integrate the different stores and to and optimize its performance Wall-mart had turned to information technology for intelligent business management solutions. Wal-Mart was quick to recognize the role of I.T in the decision making process and with this view it implemented...
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