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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Retailers and malls embrace facial recognition and video analytics for enhanced security and footfall analysis

1 Retailers and malls embrace facial recognition and video analytics for enhanced security and footfall analysis

In the recent 2-3 years, an increasing number of malls and retail chains have adopted real-time video analytics and facial recognition to enhance security, customer experience and footfall analysis.

RAIN RFID tag chip shipments forecast to reach 115bn units by 2028, a year-on-year growth of 20.4%

2 RAIN RFID tag chip shipments forecast to reach 115bn units by 2028, a year-on-year growth of 20.4%

RAIN Alliance, the non-profit industry organisation supporting the development and adoption of Ultra High Frequency (UHF) Radio Frequency Identification (RFID), has published its bi-annual research report ‘Global Markets & Applications for RAIN RFID Solutions’, produced by VDC Research.

Traceability is key to protecting human rights in supply chains

3 Traceability is key to protecting human rights in supply chains

By Eric Linxwiler, Senior Vice President, TradeBeyond.

Across the globe, a transformative wave is reshaping the landscape of international commerce. Nations and economic blocs worldwide are instituting a broad array of supply chain due diligence laws aimed at eradicating forced labour and safeguarding human rights.

OneRail’s real-time delivery and visibility solution now available on SAP Store

4 OneRail’s real-time delivery and visibility solution now available on SAP Store

OneRail, provider of solutions in last mile omnichannel fulfilment, has expanded its last-mile delivery solution available on the SAPStore, the online marketplace for SAP and partner offerings.

Is your payment stack hampering your business’ growth?

5 Is your payment stack hampering your business’ growth?

By Brian Gaynor, VP of Product & EU CEO, BlueSnap.

It’s only natural for your firm’s requirements to change over time, especially when you have a growing business. Whether you’re expanding into new markets, boosting customer loyalty, or enhancing buyer experience, everything requires your business processes to be agile.

Traceability is the new front line for sustainable retail

6 Traceability is the new front line for sustainable retail

By Lilian Bories, Chief Marketing Officer for TradeBeyond.

Multiple global regulations set to take effect in the coming years have made traceability an imperative for retailers and brands. These include the Digital Product Passport, the Corporate Sustainability Due Diligence Directive, and the New York Fashion Sustainability and Social Accountability Act, to name a few.

Transforming transport operations with mapping intelligence

7 Transforming transport operations with mapping intelligence

Route optimisation has become ever more important in recent years. The rise in e-commerce has created new routing pressures, especially in the last mile; while rising fuel costs, the push towards net zero, load theft have placed the spotlight on using preferred refuelling locations and the need for safe, comfortable parking, especially overnight.

Calling ‘order’ on inbound goods

8 Calling ‘order’ on inbound goods

Supermarkets face a pressing need to automate their DCs. But first, they must put their inbound processes in good order. Dan Migliozzi, Sales & Marketing Director, at independent systems integrator, Invar Group, gets to the root of the problem.

Smart Delivery Estimate empowers retailers to deliver on customer demands

9 Smart Delivery Estimate empowers retailers to deliver on customer demands

Shipup, the post-purchase experts, has launched its Smart Delivery Estimate (SDE) product, a tool designed to redefine the online shopping experience by providing accurate and precise delivery estimates. This is a critical factor in enhancing customer satisfaction and loyalty, ensuring online shoppers can make their purchases with confidence.

Driving ecommerce success with delivery & experience management (DMXM)

10 Driving ecommerce success with delivery & experience management (DMXM)

By Johan Hellman, VP Product and Carrier, nShift.

Building brand loyalty in retail and ecommerce is getting harder. Despite spending increasing sums on discounts and promotions to entice new customers, retailers struggle with one-time purchasers and serial purchase-and-return consumers. What’s more, they must contend with rising marketing and logistics costs.

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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