Retail business scenarios

The study explores future scenarios with alternative views of what e-commerce globally could look like for consumers and businesses in the near future, depending of various economic factors. The different future projections are based on a detailed analysis of the most influential factors effecting economies — from energy and raw material prices to technological, political and social factors, to retail and consumption patterns. The four possible scenarios are: Hybrid consumer behaviour in convergent worlds of retailing:

Retail business scenarios

Increased re-use of existing processes Reduced time of sending business information from one process to another process Goal: Decrease Costs Cost improvements can be realized through the following objectives: Lower levels of redundancy and duplication in assets throughout the enterprise Decreased reliance on external IT service providers for integration and customization Lower costs of maintenance Business operations improvements can be realized through the following objectives: Increased budget available to new business features Decreased costs of running the business Decreased time-to-market for products or services Increased quality of services to customers Improved quality of business information Goal: Improve Management Efficacy Management efficacy improvements can be realized through the following objectives: Increased flexibility of business Shorter time to make decisions Higher quality decisions Risk improvements can be realized through the following objectives: Ease of implementing new processes Decreased errors introduced into business processes through complex and faulty systems Decreased real-world safety hazards including hazards that cause loss of life Goal: Improve Effectiveness of IT Retail business scenarios IT organization effectiveness can be realized through the following objectives: Increased rollout of new projects Decreased time to rollout new projects Lower cost in rolling out new projects Decreased loss of service continuity when rolling out new projects Common development: This standards-based environment will provide the basis for development of common applications and facilitate software re-use.

Resource sharing will be accomplished in the context of security and operational considerations. Improve User Productivity User productivity improvements can be realized through the following objectives: This will lead to better efficiency and fewer user errors, which in turn may result in lower recovery costs.

Improve Portability and Scalability The portability and scalability of applications will be through the following objectives: Portable applications can allow sites to upgrade their platforms as technological improvements occur, with minimal impact on operations.

How to Handle 8 Challenging Customer Service Scenarios

Improve Interoperability Interoperability improvements across applications and business areas can be realized through the following objectives: Increase Vendor Independence Vendor independence will be increased through the following objectives: Reduce Lifecycle Costs Lifecycle costs can be reduced through most of the objectives discussed above.

In addition, the following objectives directly address reduction of lifecycle costs: Reduced software maintenance costs: Use of standard off-the-shelf software will lead to further reductions in costs since vendors of such software distribute their product maintenance costs across a much larger user base.

Consistent security interfaces for applications: Not all applications will need the same suite of security features, but any features used will be consistent across applications. Consistent security interfaces for users: Improve Manageability Management improvement can be realized through the following objectives: A consistent interface can simplify the management burden, leading to increased user efficiency.

Reduced operation, administration, and maintenance costs: Summary Business scenarios help address one of the most common issues facing IT executives: The success of any major IT project is measured by the extent to which it is linked to business requirements, and demonstrably supports and enables the enterprise to achieve its business objectives.

Clienteling and loyalty

Business scenarios are an important technique that may be used at various stages of defining enterprise architecture, or any other major IT project, to derive the characteristics of the architecture directly from the high-level requirements of the business.

Business scenarios are used to help identify and understand business needs, and thereby to derive the business requirements that the architecture development, and ultimately the IT, has to address.

However, it is important to remember that business scenarios are just a tool, not the objective. They are a part of, and enable, the larger process of architecture development. The architect should use them, but not get lost in them.

Retail business scenarios

The key is to stay focused - watch out for "feature creep", and address the most important issues that tend to return the greatest value. To navigate around the document: Then click in that Contents List to load a page into this main frame.

The license is free to any organization wishing to use TOGAF entirely for internal purposes for example, to develop an information system architecture for use within that organization.Business scenarios are used to help identify and understand business needs, and thereby to derive the business requirements that the architecture development, and ultimately the IT, has to address.

However, it is important to remember that business scenarios are just a tool, not the objective. A POS or Point Of Sale software is a vital solution for retail businesses to carry out retail transactions effortlessly from anywhere.

You must have seen Point of Sale .

Channel management

For Business Overview Understanding Connected Manufacturing [Video] Explore four elements of the Industrial Internet of Things (IIoT), and how managing these risks can help manufacturers turn it into a competitive advantage.

Join the gang of savvy subscribers who receive original, well-researched articles about company culture, customer service, and building a better business every week. Four scenarios of what e-commerce could look like in Click to share on Twitter (Opens in new window) online retail will continue to gain popularity in both developed and emerging markets and as a result, logistics companies are set to play a key role in providing vital supply chain management solutions that are able to evolve with.

The business scenarios you desire to build, test and manage may require the use of data beyond what a retail intelligence service can provide. Pricing decisions often depend on product status, such as time in the market; on business parameters, such as demand and margins; and may even be bound to MAP rules, adding complexity to the exercise.

The use and abuse of scenarios | McKinsey