Target Corporation Case Study
| | The Implementation of Real Time Pricing at Target Corporation
Chervonda Cowart
Managerial Applications of Information Technology –MIS535 Keller Graduate School of Management
July 13, 2013
Subject of Course Project
I propose the implementation of centralized real time pricing through the use of cloud technology at Target Corporations that would solve several company objectives relating to efficiency in resource allocation as well as cost savings in payroll.
Business Problem Statement
Since 2008 Target Corporation has been implementing solutions to cut expenses without losing the integrity of the “Target Brand” (https://corporate.target.com/about/history/Target-through-the-years ). While testing the solutions each year expectations increase to improve sales per individual store. Implementing correct price changes daily is a multi-billion dollar problem for corporations (Stross, R., 2013). The recession of 2008 unveiled the need to do more with less and refocused Target’s efforts on decreasing one of their highest expenses, payroll. I …show more content…
The project will be outsourced one preliminary company suggest that their technology will “decrease the organizations time, money expense and other valuable resources” (www.Altierre.com). General benefits it will provide the organization
At Target over the last 9 years the company has invested more on developing concepts that allows the employee more time to dedicate to the guests. Digital price labeling will help to do just that, place more team members on the sales floor during business hours to complete the ultimate shopping experience.
Audience to whom you are presenting the
Chervonda Cowart
Managerial Applications of Information Technology –MIS535 Keller Graduate School of Management
July 13, 2013
Subject of Course Project
I propose the implementation of centralized real time pricing through the use of cloud technology at Target Corporations that would solve several company objectives relating to efficiency in resource allocation as well as cost savings in payroll.
Business Problem Statement
Since 2008 Target Corporation has been implementing solutions to cut expenses without losing the integrity of the “Target Brand” (https://corporate.target.com/about/history/Target-through-the-years ). While testing the solutions each year expectations increase to improve sales per individual store. Implementing correct price changes daily is a multi-billion dollar problem for corporations (Stross, R., 2013). The recession of 2008 unveiled the need to do more with less and refocused Target’s efforts on decreasing one of their highest expenses, payroll. I …show more content…
The project will be outsourced one preliminary company suggest that their technology will “decrease the organizations time, money expense and other valuable resources” (www.Altierre.com). General benefits it will provide the organization
At Target over the last 9 years the company has invested more on developing concepts that allows the employee more time to dedicate to the guests. Digital price labeling will help to do just that, place more team members on the sales floor during business hours to complete the ultimate shopping experience.
Audience to whom you are presenting the