Financial Daily from THE HINDU group of publications
Tuesday, Nov 01, 2005


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Marketing - New Products & Services


IICS launches low-cost digital system for retailers

Our Bureau

Bangalore , Oct. 31

THE Indian Institute of Consumer Studies (IICS) has launched a project to provide low-cost automation of smaller retail outlets to enhance their business, while using the technology platform to provide simpler e-governance service delivery facility to users.

The concept, developed jointly by IICS and the Bangalore-based Encore Software Ltd, will also get financial support from the Union Ministry of Science and Technology.

The proposal, which expects to cover 100 department stores as a pilot, will be extended to other parts of the country once the concept found acceptance from the trade, said Mr Parthasarathi Ray, Chairman and CEO of IICS. The Ministry had agreed to provide a Rs 25-lakh grant to "propagate the innovative" concept, he said.

With 98 per cent of the retail business sector still in the unorganised sector, a digital infrastructure that would enable easier customer relations management and supply chain management would help in reaching retail business to rural areas and in creating more employment.

The project was unveiled here with a demonstration of the digital infrastructure given to the Union Minister for Science and Technology, Mr Kapil Sibal.

The low-cost digital infrastructure to be set up at the stores will facilitate the manufacturers and consumers to interact through a smart card, which would be used to create a database for corporates to plan their marketing strategy.

Also, the stores can leverage the system to developtheir customer relations management and supply chain management systems to improve their business potential.

The digital infrastructure combining the hardware and software costs Rs 10,000.

IICS project will use Encore's SofComp based on thin client server technology to generate data about the consumers and extend the platform through application software programme for e-governance services.

Mr Vinay L. Deshpande, Chairman and CEO of Encore, said he was also planning to deploy Simputer, the hand-held device developed by Encore and Indian Institute of Science, to increase the reach of retail business to rural and semi-urban areas.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Tata Safari Dicor

Stories in this Section
Hotels urged to go in for bamboo-based recipes


Zee to restructure content of Café, Studio channels
Odyssey bookstore woos customers with more options
Dabur launches new ad campaign for Chyawanprash
Kerala: CellOne scheme for Govt staff
Festival offer for pre-paids in Kerala circle
Idea Cellular launches valid voucher offers
Air India re-launches companion-free scheme
Magpie to expand with exclusive stores
More retail space, new stores see shopping surge in T. Nagar
Cera Sanitaryware opens display centre in Kochi
Pantaloon to experiment with retail formats
Disney bets big on channels for growth
Porsche launches Carrera models
IICS launches low-cost digital system for retailers


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line