ALL OR NOTHING? ADOPTING AN INTEGRATED APPROACH TO MERCHANDISE MANAGEMENT

摘要

Merchandise management systems (MMS) used to be comparatively simple and straightforward. They monitored sales and stocks, included purchase order applications and would sometimes add an element of "open-to-buy" control (when the buyer has a limited budget to spend on merchandise). Suppliers usually operated in a niche, with a limited range of merchandise-focused modules and were often highly sector specific. Today it is different; suppliers tend to emphasise their "total solutions' approach, offering everything form till systems to financial applications.