Competitiveness of Indian retailing through it solutions

IT solutions in the retail sector can not only provide a seamless shopping experience to the consumer, but can also help businesses streamline their operations so that they can meet the challenges of competition, shrinkage, supply chain management, inventory and store management by implementing new technologies. IT solutions can lend cutting-edge technology to retail and it only gets better with newer processes and softwares coming into the market. Retailers need to shake up their feathers and fully realize the potential of IT solutions and incorporate them in their business. In this paper I have thrown the light over some of the real problems in front of the Retailers and IT solutions, their impact on the existing retail businesses, and functioning of the IT solutions.