Weak consumer spending; saturated markets; increased consumers demands for service and lower prices; and intense competition has put significant strain on Retail bottom lines and growth avenues. Such low margins force the Retailers to save costs across the operations, including IT, which is vital for the success of every strategic endeavor—be it enhancing customer experience, customer loyalty, or cross-channel integration.
Reluctantly, IT budgets are also shrinking. Thus sustaining a cost-effective, efficient, and customer-centric IT function is a priority for every Retail leader.
The Retail industry faces quite a few IT challenges—e.g., hundreds of discrete locations, numerous applications, and diverse technology infrastructure and systems. The IT function needs to integrate various disjointed applications, including store-based point-of-sale, supply chain, and human resource management with their core systems. In these context, rational utilization of technology is important to achieve customer loyalty with clusters of customers across the store, online, and catalog channels.
This presentation highlights 4 efficiency and effectiveness levers that Retail CIOs can use to improve IT capabilities, drive IT efficiency, achieve cost reduction, and secure considerable differential advantage. The levers include:
1. Strategic Sourcing
2. Application & Infrastructure Simplification
3. Demand Management
4. Lean IT Organization
The slide deck also includes some slide templates for you to use in your own business presentations.
This PPT provides a comprehensive approach to managing IT costs in the retail sector, addressing critical areas such as strategic sourcing, application and infrastructure simplification, demand management, and lean IT organization. It outlines practical steps and methodologies to streamline IT operations, reduce expenditures, and enhance overall efficiency. The presentation includes actionable insights and templates that can be customized for your specific business needs, making it an invaluable resource for retail CIOs aiming to optimize their IT budgets while maintaining high service levels.
Got a question about the product? Email us at flevypro@flevy.com.
Source: Best Practices in IT Strategy, Cost Reduction, Cost Management, Retail Industry, Retail Strategy PowerPoint Slides: Retail Strategy: IT Cost Management PowerPoint (PPT) Presentation Slide Deck, LearnPPT Consulting
Did you need more documents?
Consider a FlevyPro subscription from $39/month. View plans here.
For $10.00 more, you can download this document plus 2 more FlevyPro documents. That's just $13 each.
Retail Industry Retail Strategy Consulting Proposal Development Consulting Proposals Bain PowerPoint McKinsey PowerPoint Bain Presentations Bain Frameworks Boston Consulting Group PowerPoint Consulting Frameworks PwC PowerPoint Mercer PowerPoint Bain Templates Accenture Templates McKinsey Templates Boston Consulting Group Templates Accenture PowerPoint Consulting Methodologies Booz Documents PwC Templates Capgemini PowerPoint Oliver Wyman Presentations Boston Consulting Group Frameworks E&Y PowerPoint IBM Presentations Oliver Wyman Templates Strategy Consulting Frameworks Bain Documents IBM Documents Capgemini Documents Roland Berger PowerPoint A.T. Kearney PowerPoint BCG Documents Accenture Frameworks BCG Frameworks BCG PowerPoint Oliver Wyman PowerPoint Consulting Documents BCG Presentations A.T. Kearney Documents Management Consulting Frameworks BCG Templates E&Y Templates Roland Berger Presentations Capgemini Templates Boston Consulting Group Documents LEK Frameworks Booz Allen Presentations E&Y Frameworks McKinsey Presentations Booz Allen Frameworks A.T. Kearney Frameworks IBM Templates Booz Allen PowerPoint Accenture Documents Accenture Presentations A.T. Kearney Templates McKinsey Frameworks Boston Consulting Group Presentations McKinsey Documents LEK PowerPoint Mercer Templates Roland Berger Frameworks Capgemini Frameworks Booz Presentations Roland Berger Templates PwC Frameworks Booz Allen Templates Booz Templates Strategy& Presentations Oliver Wyman Documents Mercer Presentations LEK Documents PwC Presentations LEK Templates IBM PowerPoint Capgemini Presentations E&Y Documents Oliver Wyman Frameworks Booz Allen Documents PwC Documents IBM Frameworks Mercer Frameworks Mercer Documents LEK Presentations Booz PowerPoint Strategy Documents Booz Frameworks A.T. Kearney Presentations Roland Berger Documents Business Frameworks E&Y Presentations Strategy& PowerPoint Deloitte PowerPoint Consulting Process A.T. Kearney Frameworks A.T. Kearney PowerPoint A.T. Kearney Templates A.T. Kearney Documents A.T. Kearney Presentations Warehouse Management Warehousing Channel Strategy Channel Management PowerPoint Diagrams Compilation Consulting PowerPoint Templates Consulting PowerPoint Diagrams PowerPoint Diagrams Library Consulting Project Management Business Transformation Organizational Transformation Corporate Transformation Consulting Sales Consulting Selling Process Strategy Frameworks Strategy Frameworks Compilation Strategy Methodologies Strategy Development Strategic Thinking Chief Strategy Officer Board of Directors Corporate Board Project Kick-off Procurement Strategy Sourcing Strategy Strategic Sourcing Supplier Negotiations Procurement Negotiations Supply Chain Analysis Lean Supply Chain Management Cost Reduction Supply Chain Cost Reduction Assessment Lean Management Lean Thinking Lean Management/Enterprise Cost Management Lean Enterprise Cost Containment Cost Take-out Cost Cutting Strategic Planning Sales Meeting Facilitation Meeting Management Meeting Facilitation/Management Sales Strategy Sales Management Value Chain Analysis Value Chain Michael Porter's Value Chain Omnichannel Marketing Omni-channel Marketing Omni-channel Supply Chain Omnichannel Supply Chain Channel Distribution Strategy Example Channel Strategy Example Integrated Financial Model Company Financial Model Business Plan Financial Model
![]() |
Download our FREE Strategy & Transformation Framework Templates
Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S, Balanced Scorecard, Disruptive Innovation, BCG Curve, and many more. |