Introduction - Tech Transformation: FY Fashions' Path to Growth
After over a decade of achievement with FY Fashions, we're at a crossroads. While the marketplace presence is thriving, the retail division suffers from high overhead prices and operational inefficiencies. To take the commercial enterprise to the next stage, it should first be satisfied with the need to use facts systems to boost efficiency, enter new markets, and increase income. Online purchaser dating management systems permit better apprehension in shoppers and provide targeted promotions.
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Discussion
Explanation for information system
It recommends implementing several important information systems to streamline operations and improve productivity. First, cloud-based point-of-sale (POS) systems fully automate checkout and payments across all retail channels, providing faster service and eliminating human error when manually tracking sales (KHAN et al. 2020). POS is integrated with inventory management and financial reporting systems to provide accurate data in real time. Second, using purpose-built retail inventory management software instead of error-prone Excel spreadsheets allows us to reliably track and forecast inventory and sales trends while minimizing waste. Features like low stock alerts and automatic ordering save a lot of time. Inventory data then flows into a data-driven merchandising plan (Zhang et al. 2020). Third, customer relationship management (CRM) software centralizes currently dispersed customer data to uncover purchasing patterns and enable personalized multichannel engagement. Email and loyalty programs help to retain customers and add value throughout their lifetime. Valuable customer analysis also contributes to better decision-making across the organization. Additionally, mobile POS devices shorten lines, allow flexible staffing, and allow employees to search for inventory in real time from anywhere. Tablets also enable personalized on-site support. Moving online through e-commerce platforms is equally important for 24/7 sales. Implementation of these systems requires initial investment in software, hardware, and training, but in the long run, optimized workflows and employee productivity reduce costs and future-proof operations. Based on retail technology benchmarks, the estimate is that in the first year sales will increase by 25-30% and labor costs will be reduced.
Amplifying the FY Fashions' marketplace attainment, advertising and marketing efforts, and competitiveness, growing an e-commerce internet site ought to be a pinnacle priority. Selling online gives the access to new client corporations, which includes busy experts, remote customers, and an international market with hundreds of thousands of customers. The brick-and-mortar stores are restricted to locals who've the time to store in man or woman (Murray et al. 2021). With 24/7 access to the Internet, it could use etrade to build a global patron base. E-commerce stores similarly enhance their marketing capacity via search engine optimization, electronic mail lists, show advertising, and social media reach across the web. Based on information consisting of purchase records and demographics, it can correctly target promotions on the consumer base.
Compared to easy printed flyers, digital advertising is extra measurable, cost-effective, and powerful. Additionally, to satisfy consumer expectations and remain competitive in the modern day digital retail environment, it needs to sell on-line. Research suggests that more than half of customers will abandon a brand without sturdy e-commerce. All the big chains and unbiased competition are shifting on-line (Benbya et al. 2021). By making an investment in a professionally designed e-commerce platform, it could gain vital aggressive advantages in comfort, choice, brand niceness, and customer service. In summary, organizing a transactional e-commerce internet site is essential to tapping into the unexpectedly developing new home and worldwide purchasing markets. Integrated virtual marketing permits to attract and convert these kinds of new capability buyers in a price-effective way. Staying digitally aggressive protects and destiny-proofs the business within the face of continued retail disruption. It’s considered e-commerce is the important thing to take FY Fashions to the following level. The statistics surely indicate that we ought to hold the lifestyle of strategic innovation.
Conclusion
The imposing key data structures and transferring on-line with e-trade is an important strategic step to streamline operations, increase purchaser attain, and reap future-proof economic fashion. The use of generation will increase efficiency, sales and competitiveness in a more and more digital retail industry.
Subject: A proposal to build a 5G mast and its impact
Dear Market traders,
I am writing this letter to you about the proposed 5G pole near Arden Market. I understand that many of you have concerns about this new technology and are going against its development. In any case, I agree that 5G can absolutely benefit our organizations and our customers. Allow me to give you some baseline data and understand why it is worth moving to 5G.
Cellular technology such as 5G refers to portable network access provided by a network of radio wave transmitting towers or poles. These poles form a wireless network that allows smartphones and other devices to communicate with the network and make wireless decisions. As technology improves, each new era (3G, 4G, and now 5G) offers faster speeds and more basic capabilities.
Cellular technology refers to multifunctional Internet connections provided by networks of radio wave transmission towers or cell sites. It allows wireless communication between mobile phones, PCs, and devices without any actual wires. It operates through a system of strategically located cell towers and base stations. Each cell tower covers a territory or cell, ranging from less than a mile in urban areas to 20 miles north in rural areas. The towers communicate and receive radio wave signals in a variety of frequencies, allowing for a wide range of inclusions. In each cell the tower separates its frequencies into individual channels designated for subscribers based on the situation at the time of calling or receiving data. This provides multiple clients with uninterrupted association with one tower at all times. Channels use different radio waves - low repetition bands around 700-900 MHz for better spread over distances and obstacles, and higher bands around 1.9-5 GHz which offer faster but lower data rates for The core network of regulators deals with cell towers and establishes how signals are communicated. As the demand of many customers grows, additional cell sites can be added to divide blocked cells into more low-grade cells, helping with proliferation and limits. The 1G to 5G cellular technology includes the use of higher radio frequencies and higher wire reception improvements for faster speeds and more bandwidth On the gadget side, cellular-powered hardware like smartphones all have radio receivers and transceivers.
For our businesses, 5G brings a range of benefits including robust high-speed internet for card payments, inventory management, access to vendor conferences and services. Additionally it provides the ability to provide WiFi to customers to store purchase order data, and supports AI/automation to improve efficiency (Cartier et al. 2020). We have the ability to do virtual/augmented reality marketing meetings during the recession. For consumers, 5G means faster checkout and installment control that works on their experience. Additionally allowing for animated computerized brand commitment, entertainment revelations such as AR games make shopping more agreeable. Embracing 5G will keep us competitive, attract more foot traffic, and open up opportunities to better serve our customers.
While the news may hinder business temporarily, embracing 5G technology is key to the competitiveness and exciting growth of our market. This state-of-the-art wireless connectivity can strengthen our one-of-a-kind organizations through faster turnaround, better inventory and supplier management, and higher and more frequent marketing capabilities for fast-track customers, clear branding, and entertaining new elements -Can raise market insights that will attract more foot traffic Although underlying growth may disappoint some, due to the recent awakening of technology with minimum use, our historic market will continue to flourish for years to come. By supporting 5G reconciliation, we secure our future competitiveness, demonstrate a commitment to growth, and open new opportunities for customer service. I really want to believe that I’m passionate about spreading all the great benefits that 5G can offer us as retailers and clients. If it’s not too much trouble, consider going after that advanced specialty that can advance our lucrative market in electronic finance.
Sincerely,
[FY Fashion]
Scenario C
To: All employees of FY fashions
From :( student number and technology in organizations)
Date: DD/MM/YY
Subject: Data security and privacy measures of FY Fashion
The General Data Protection Regulation (GDPR) is a European Union (EU) regulation that establishes strict necessities for the handling and protection of personal records of EU residents. The above facts seem to violate several critical ideas of the GDPR. Firstly, a purchaser's name, date of start, cope with and debit/credit score card information constitute private data difficulty to the GDPR. According to the GDPR, private facts must be correctly included. However, storing the whole credit score/debit card range violates the GDPR concepts of facts minimization and storage obstacles, as the remaining four digits are probably sufficient for enterprise functions. Furthermore, storing the whole date of start and copying may additionally violate the purpose limitation precept, as most e-commerce companies now do not require this data beyond basic identity verification and transport. Collecting and storing more customer information than essential without a legal basis will increase protection dangers and statistics breaches .Furthermore, if we were to enjoy a safety breach that resulted in unauthorized entry to or disclosure of the private records described above, this will be a contravention of the integrity and confidentiality standards of the GDPR. Failure to record such violations to regulators and records topics inside 72 hours can result in hefty fines of as much as the worldwide annual revenue under the GDPR. Finally, the GDPR presents EU nationals certain rights regarding their personal information, along with the right to get right of entry to, rectify, erase and object to processing. If a business does not have suitable records governance techniques in location to ensure customers can exercise those rights in a timely manner, this violates the core liability necessities of the GDPR. In precis, even as the GDPR does not strictly restrict the collection of the statistics indexed above, storing them in extra without right protection and records control may additionally result in records safety, minimization, integrity, and responsibility. This could violate numerous GDPR ideas regarding legal responsibility .Companies have to assess and restrict facts collection, garage, and safety practices to align with regulations.
This fact breach highlights the need for us to service the statistics series, garage, get right of entry to, and safety practices in step with industry great practices for security and privacy. First, it should carefully not forget what consumer facts are needed in the business operations and sales techniques. Replace the privacy policy to particularly list and outline these uses at the same time as restricting the gathering of irrelevant personal statistics. First it needs to review the paperwork, databases, and human resources procedures to make sure compliance with records minimization according with the Privacy Policy. For security reasons, enforce stop-to-give up encryption that encrypts sensitive customer statistics along with fee card numbers and converts identifiers including names and addresses into unintelligible strings. Encryption keys need to be controlled securely and get right of entry restricted. Database backups need to also be encrypted. Staff get admission to require multi-factor authentication to affirm identification before being allowed to log into the gadget. Controls which include least privilege limit employees' device and record permissions to handiest the ones necessary to carry out their jobs. Internal admission to logs need to be maintained to come across unauthorized access. Locking the display screen on inactive gadgets also enables saving unauthorized use. In addition, POS machines and servers must be hardened to save malware, viruses, and hacking vulnerabilities through techniques such as virtual patching, endpoint detection, and regular software updates. Finally, for catastrophe recovery, redundant and steady backups which are frequently examined to ensure information availability and integrity inside the occasion of a device failure. An incident reaction plan is created to report and mitigate future violations. Protect the clients from unauthorized disclosures and breaches with the aid of limiting statistics series, implementing need-to-understand access, and imposing deep defense techniques which includes encryption, get admission to controls, interest logging, and endpoint security. Better shield statistics. Through ongoing audits and up-to-date policies, structures and worker training, those statistics safety priorities are incorporated for the duration of the company lifestyle and methods.
References
Journals
KHAN, U., ZHANG, Y. and SALIK, M., 2020. The impact of information technology on organizational performance: The mediating effect of organizational learning. The Journal of Asian Finance, Economics and Business, 7(11), pp.987-998.
Zhang, Y., Sun, J., Yang, Z. and Wang, Y., 2020. Critical success factors of green innovation: Technology, organization and environment readiness. Journal of Cleaner Production, 264, p.121701.
Murray, A., Rhymer, J.E.N. and Sirmon, D.G., 2021. Humans and technology: Forms of conjoined agency in organizations. Academy of Management Review, 46(3), pp.552-571.
Benbya, H., Pachidi, S. and Jarvenpaa, S., 2021. Special issue editorial: Artificial intelligence in organizations: Implications for information systems research. Journal of the Association for Information Systems, 22(2), p.10.
