Infor has announced the availability of Infor10 Supply Chain Execution, a new application that helps companies eliminate obstacles to quick information flow, operate at a faster pace and deliver more customer value at less cost.
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.
Robbins Towing keeps better track of its trucks with FleetMatics
Oct 12, 2011
FleetMatics has announced that Robbins Towing recently selected FleetMatics to assist in improving operational efficiencies and customer service.
Produce World consolidates legacy EDI systems through Wesupply
Oct 06, 2011
Produce World Ltd has selected Wesupply's OneTime EDI solution to deliver a fully-managed electronic trading service for the real-time exchange of critical business documents with its customers.
FleetGenie launches all-in-one telematics, mobile data and routing solution
Oct 06, 2011
FleetGenie a new mobile data and fleet control system incorporating vehicle tracking, route optimisation and mobile device management, has been launched.
Isotrak partnership with MyMobileWorkers.com
Oct 06, 2011
Recently launched mobile technology business MyMobileWorkers.com recently announced a partnership with Isotrak, the vehicle tracking solutions provider.
Environmental services provider enhances green credentials with Ortec & Masternaut
Oct 06, 2011
French-based company, Groupe Pizzorno Environnement, is enhancing its green credentials and optimising its waste collection operations with the fully integrated vehicle routing and GPS vehicle tracking solution from Ortec and Masternaut.
New Tablet PC for mobile point of sale applications from X2 Computing
Sep 29, 2011
X2 Computing, UK provider of mobile computing solutions, has announced the X2372 a new ruggedised tablet PC.
Intermec showcases portfolio at this year's Post Expo 2011
Sep 29, 2011
Intermec, provider of rugged mobile business solutions, is currently presenting its transformational business solution portfolio at this year's Post Expo 2011.
Kuehne + Nagel facilitates growth with Ortec
Sep 29, 2011
Logistics service provider Kuehne + Nagel has decided to implement Ortec's advanced vehicle routing and dispatch solution Ortec Transport & Distribution (Ortec TD).
Torex achieves Microsoft Gold Competency for enterprise resource planning
Sep 29, 2011
Torex has achieved the newly introduced Gold Competency for Enterprise Requirements Planning (ERP).
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.
