The core components of a retail information system are inventory management, inventory optimization, revenue management, sales management, and reports and inquiries. Non-core components can include financial, supply chain management, enterprise resource planning, customer relationship management, and warehouse management systems.
business communications systems
Internet has provided smaller business owners with new opportunities, allowing them to operate as e-tailers. Today's retail industry is diverse. Retail companies come in many different types and flavors. There are retailers, such as BMW , Louis Vuitton , and McDonald 's, that have a global presence. Banks, hotels, and medical professionals fall within the service retailer category. On-line stores, such as eBay or Amazon.com , are e-commerce businesses that represent a relatively new breed of retailers.