Retail Supply Chain Software/Management, Retail Management Software, Retail Warehousing

The term Retail is defined as the sale of goods and services from companies or individuals to the end-consumer. Retailers acquire goods from producers and then sell these goods in-store or on-line via the internet. Retail supply chain software can enhance supply chain efficiency and trading partner collaboration by better connecting product information, processes and trading partners. Retail companies become involved in supply chain management in order to control product quality, inventory levels, timing, and expenses. Retail supply chain software encompasses warehouse & transportation solutions, inventory control, and possibly additional strategic/planning modules, particularly for the larger/volume-based retailers.

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Belgravium launches new 'ATEX' certified mobile computer

1 Belgravium launches new 'ATEX' certified mobile computer

Mobile Computing Solution provider Belgravium's busy start to its 30-year anniversary year continues with the launch of another innovative handheld computer.

Ortec set to showcase its latest innovations at the 2012 SITL exhibition

2 Ortec set to showcase its latest innovations at the 2012 SITL exhibition

Ortec is once again gearing up to showcase its latest product developments at this year's international SITL trade fair in Paris, France.

TouchStar Technologies launches CE Series mobile computers

3 TouchStar Technologies launches CE Series mobile computers

TouchStar's range of touch-screen computers are used in businesses and industries requiring robust field automation, including fuel distribution, on-board sales on airlines and trains, van sales and field service organisations.

ByBox the complete service solution in a box

4 ByBox the complete service solution in a box

ByBox, the field service solutions provider, caters for a multitude of unique requirements using its locker network, said to ensure engineers start each day's work with the right parts.

TomTom showcase successes at CV Show

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A year on from their launch at last year's CV Show, TomTom Business Solutions will showcase the successes of OptiDrive and Active Driver Feedback at this year's event.

Sato introduces the TG3 Series printers for retail applications

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Sato, the barcode printing, labelling, and EPC/RFID solutions provider, has announced the introduction of its new TG3 Series printers. Designed and built especially for retail industry applications, the TG3 is ideal for tagging and labelling apparel, accessories, house hold goods, furnishings and much more.

Lexmark acquires ISYS Search Software and Nolij

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Lexmark International, Inc. has announced the completion of two acquisitions, Australia-based ISYS Search Software and U.S.-based Nolij Corporation.

New Hermes hub in Ohrdruf can sort 5500 large parcels per hour

8 New Hermes hub in Ohrdruf can sort 5500 large parcels per hour

When scientists measure the response time between the appearance of an image and the time when a person starts to talk, it generally takes approx. 600 milliseconds.

Hazardous goods distributor selects Ortec to guarantee safe and innovative planning

9 Hazardous goods distributor selects Ortec to guarantee safe and innovative planning

To continue to provide the best service to its customers in the current market conditions logistics service provider Van den Anker has decided to work with Ortec. Van den Anker will replace its current planning solution with Ortec's advanced scheduling and routing solution.

Rising fuel prices means home working must be prioritised - end the tax on going to work

10 Rising fuel prices means home working must be prioritised - end the tax on going to work

While rising petrol prices caused by tensions in the Middle East and a weak pound are bad news for businesses in the UK, there are strategies which UK businesses can adopt to make themselves more efficient and actually lower costs in the medium to long-term.

Retail Supply Chain Management

Retail supply chain management (RSCM) is the process of managing the flow of products from suppliers to retailers to consumers. It includes all the activities involved in getting products to the right place at the right time, in the right quantity, and at the right cost.

RSCM is an essential part of any retail business, as it can have a significant impact on profitability. By optimizing the supply chain, retailers can reduce costs, improve efficiency, and deliver products to customers more quickly. RSCM also includes a number of other activities, such as inventory management, order fulfillment, and customer service.

There are a number of challenges that retailers face in managing their supply chains. These include:

  • Volatile demand: Consumer demand can be unpredictable, which can make it difficult to forecast demand and manage inventory levels.
  • Globalization: The increasing globalization of the retail industry means that retailers need to manage their supply chains across multiple countries and cultures.
  • Technology: The rapid pace of technological change is impacting the retail supply chain, as retailers need to adopt new technologies to stay ahead of the competition.

The five main components of RSCM are:

  • Planning: This involves forecasting demand, developing sourcing strategies, and creating production schedules.
  • Procurement: This involves sourcing raw materials, components, and finished goods from suppliers.
  • Manufacturing: This involves transforming raw materials into finished goods.
  • Warehousing: This involves storing finished goods until they are needed.
  • Distribution: This involves transporting finished goods to retailers.

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