1Associate Professor, Department of Management Studies, Anna University, Regional Campus at Coimbatore, Navavoor, Coimbatore-641 046, Tamil Nadu, India
2Professor, Department of Business Management, Fakir Mohan University, Vyasa Vihar, Nuapadhi, Balasore-756 020, Odisha, India
Online published on 18 March, 2017.
Retail Sector is one of the fastest growing sectors in the world. The need of the people is increasing day by day. Business owners are looking at various options to attract the customers to buy different products. Information technology is an important aspect to be considered for the success of the retail industry. Tools and Techniques to aid the business growth is vital. Different kinds of solutions are available for different retail needs. The usage of RFID tags for shops and the integrated software is an aspect to be factored for shops. Website and portals to cater to the need of online shopping is another aspect. In this paper the practical usage of information technology is discussed and few models to predict error thereby increasing process efficiencies are also highlighted.
RFID, Information technology, websites, portals
