Retailers prepare to increase IT spend despite downturn

18th March | systems | Retailers are increasing their IT budgets in the hope of finding greater efficiencies, particularly in the area of warehouse management.

An Aldata/IBM survey of IT bosses in the European retail sector showed 77% of firms would raise or equal their IT spend in the year ahead.

80% of firms are planning to invest in real time warehouse management systems and automatic replenishment applications, as retailers look to maximise returns from their existing assets.