Highlight basic concepts of operations management. Explain how successful retailers are altering their operations and strategies in response to new technology and changing buying patterns of today’s...

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CHANGING DEMANDS AFFECTING THE RETAILERS
Explain how successful retailers are altering their operations and strategies in response to new technology and changing buying patterns of today’s consumer.
There has been a rapid development in terms of technology over the years which has, in turn, created an effect on the operational functions of the retail services. The business environment becomes dynamic in manner as well as in matter has become more prone to sudden changes. These changes affect the characteristic facets of the organization. Therefore, the retail outlets thought of operating under the demands of the customers...