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Role of It Systems in Virtual Stores Implementation

In: Other Topics

Submitted By Lekhanshu
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Pages 5
“Role of IT Systems in Virtual Stores Implementation”

Table of Contents

Business Objective 3 The Business Model 3 IT landscape for this Business 4 1. IT System for Cloud based Mobile Payments 5 2. IT System for Vendor Management Software 6 3. IT system for Inventory Management/ Logistics 7 4. IT system for Business Intelligence / Analytics 8

Business Objective

Keeping in mind that in future we could find stores where shoppers can browse the shelves in virtual reality, we came up with an idea for a startup which could give the future shoppers a rich digital shopping experience on the go. Internet of things will change how we shop, as well as how products are presented to us.
As a pilot project we plan to set up “Virtual Grocery Store” in locations like metro stations where people can literally do their grocery shopping while waiting for trains.
Taking an hour a week for grocery shopping can be a real drag for people residing in metro cities. So we devise a way to have the store come to people. The technology will give shoppers the power to make better buying decisions and eliminate some shopping irritations.
The Business Model

The walls are plastered with posters that resemble the aisles and shelves of a supermarket. They’re lined from top to bottom with the products you’d normally see while grocery shopping. The only difference is that you can’t just grab the product and check out. The groceries each have a QR code which the shopper scans with a smartphone camera and adds to a shopping list. When the shopper has scanned all the codes for all the groceries needed, he pays using his phone and the groceries are then delivered to his home.

IT landscape for this Business

Now while the business model and objectives are well defined to us, let us try to understand the IT landscape.
Information System will help us address...

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