Information Management and Design - Critical Thinking Mod 4 - Essay Example

This will help in knowing the number of CDs that move fast thus enabling the shop owner to diversify into such product codes, hence enabling a clear focus and indication of the products that are in store or out of the store. It should put into consideration the programs that are able to have predetermined weekly forecasts all through the levels of operations of the shop (Wierenga, 2008). When this is done the shop owner is able to have an automatic manipulation of the prices of the CDs in stocking thus factoring in those that sale slow without losing profitability.

This system should also take into consideration the ability to set prices in an interactive way that enables better displays thus promoting wholesale practices, this is able to factor all the CDs that are on display without any kind of discrimination in quality versus prices. The prices should be designed in a way that they are grouped as per the code classifications of the products, there may be some CDs that may not sell that first, it is therefore important to put them in that category of CDs that sell fast and code them the same.

This kind of system design is able to promote profitability and the movement of the stock (Wierenga, 2008). While designing the system it is also important to put into consideration the promotional calendars that are geared into performing multiple weekly operations rather than single weekly price settings. This should set values for seasonal promotions where certain types of CDs sell at high levels hence the system designs should be able to take into account the promotional activities from the manufacturers to the shop retail levels.

The system should be designed in a way that it is able to capture the prices from the competitor’s level in an incomplete way so as to help in designing competitive prices for the products that are able to sell faster and those that sell slower (Burstein, 2008). This kind of system design should be able to find a way of coordinating all the CDs and their categories while in the stores. This system should factor a better way of finding correct method of coding the prices according to the market trends which helps in achieving consistent images across the categories of the CD products in the store.

The system should be able to capture all the information from many sources and integrate them together in a compatible format so that the inventory systems can be integrated with pricing systems (Burstein, 2008). The design should be able to help the shop owner in scaling the CDs into one category or more categories so as to help in promoting sales equally regardless of whether the CD is of inferior or superior qualities. While doing all these, the system should also be designed in a way that it gives prices recommendations in a strategic way that all the products are sold in a strategic way and this should be able to warn and discard bad pricing strategies.

All these system designs should factor in better ways of easier data accessibility for better reporting and decision making in knowing the best products in and out of store. When the data is easily accessed, there is a greater possibility of consolidating the data set that can be used in getting better analysis of the CDs according to their clientele suitability and prices. The system shou