Question
Describe the Feasibility study of GFP : Technological feasibility (whether current technology can support or do we need to develop our own technology), Financial feasibility
Describe the Feasibility study of GFP : Technological feasibility (whether current technology can support or do we need to develop our own technology), Financial feasibility (Identifying sources of funding & ROI), Market feasibility (competition and customer analyses) & Organizational feasibility (current skill, existing organizational resources, etc.).
The GFP system is quite simple and yet outstanding. The systems work as the customer enters the shops by checking in through an application at scanning points at the shop front. No carts are needed; customers fill their virtual carts by scanning the required products off the shelves. The concept is that customers' smartphones become smart virtual carts, which will establish a faster shopping process. Moreover, scanning products will give more information if required by the customer based on their preferences adjusted through the GFP application(Willems, k, 2017).Our target customers are retailers in Oman.
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