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Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Decision Support Systems in Indian Organized Retail Sector

Decision Support Systems in Indian Organized Retail Sector
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Author(s): Ankush Sharma (Institute of Technology and Management, India)and Preeta Vyas (Indian Institute of Management, India)
Copyright: 2010
Pages: 13
Source title: Business Information Systems: Concepts, Methodologies, Tools and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-61520-969-9.ch062

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Abstract

Retailing is in a rapid state of change due to speedy technological developments, changing competitive positions, varying consumer behaviour as well as their expectations and liberalized regulatory environment. In such a scenario, information is crucial to plan and control profitable retail businesses and it can be an important source of competitive advantage so long as it is affordable and readily available. DSS (Decision Support Systems) which provide timely and accurate information can be viewed as an integrated entity providing management with the tools and information to assist their decision making.

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