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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Apex Plant selects Tracker Telematics

1 Apex Plant selects Tracker Telematics

The latest figures from NFU Mutual confirm that plant theft has reached an all time high, increasing pressure on businesses operating plant fleets.

Sandpiper Corporation helps Chris Hayter stay ahead of its competitors with its new web booking system

2 Sandpiper Corporation helps Chris Hayter stay ahead of its competitors with its new web booking system

Sandpiper Corporation Ltd has won a key contract to supply Chris Hayter (Transport) Ltd (CHT) with a mobile computing solution for its new customer web portal "Hubs System" to increase product traceability throughout its three main sites, maximise efficiency and improve customer service.

Totally Logistics North proves a winner

3

Totally Logistics North, recently launched at Doncaster Racecourse on 28-29th September 2011, set out to redefine the logistics exhibition experience.

Dematic sets its sights on the future-oriented technology of Cloud Computing

4

Solutions provider Dematic is pledging its support for the Fraunhofer IML "Cloud Computing for Logistics" innovation cluster.

Descartes acquires GeoMicro

5 Descartes acquires GeoMicro

Descartes Systems Group, the logistics technology provider, has acquired GeoMicro, Inc., a California-based provider of advanced geographic information systems (GIS) and commercial turn-by-turn navigation.

New Psion Omnii XT15 'enables organisations to save up to 30% in total cost of ownership'

6 New Psion Omnii XT15 'enables organisations to save up to 30% in total cost of ownership'

Psion has announced the Omnii XT15, its next-generation rugged handheld device. With its toughness, reliability and extended battery run time, Psion comments that the Omnii XT15 represents a new landmark for rugged mobile devices.

Expaq deploys 2100 Honeywell mobile computers to increase productivity

7 Expaq deploys 2100 Honeywell mobile computers to increase productivity

Honeywell has announced that Exapaq, the European parcel delivery specialist, has deployed the Dolphin 99EX mobile computer to all 2100 drivers in its workforce to increase productivity and minimise downtime while on the road.

IT technologies and software take centre stage at Logistics Link South 2012

8 IT technologies and software take centre stage at Logistics Link South 2012

Visitors to Logistics Link South in February will be able to view the biggest range of logistics-focused IT technologies and software systems on display under one roof for several years.

Ted Baker rolls out Cegid retail management software to support expansion in US and Asia

9

Ted Baker, the fast-growing British designer brand, is rolling-out new point-of-sale and retail management software, Yourcegid Retail, to help support its expansion abroad.

Datalogic's acquisition of Accu-Sort Systems completed

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Datalogic S.p.A. (Datalogic) has completed the acquisition, through certain of its subsidiaries, of Accu-Sort Systems Inc., the supplier of Automatic Identification (Auto-ID) products in the US, and certain affiliates of Accu-Sort Systems Inc. ("Accu-Sort") from certain subsidiaries of Danaher Corporation.

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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