Although the retail and wholesale customers have typically invested a low proportion of their total revenues in information technology, retail industry leaders have begun to demonstrate an ability to achieve market advantage through the effective use of specialized enterprise applications. As a result, the requirement for all retailers to increase their investment in IT and adopt best practices has thus grown.
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the applications that would help them track on-sales velocity, spoilage, and the profitability of all items. On the other hand, the fashion and apparel industry also has abundant challenges. Enterprises are challenged to remain competitive in this fast-moving, volatile environment by gaining control over inventories and costs, enhancing efficiencies and slim margins. Some of the more specific business, marketing, and operational challenges include complex, multinational supply chains; global sourcing