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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Barcoding, Inc. and Lucas Systems team up to deliver next-generation Voice picking solutions for the warehouse

1 Barcoding, Inc. and Lucas Systems team up to deliver next-generation Voice picking solutions for the warehouse

Barcoding, Inc. has entered into a strategic alliance with Lucas Systems, Inc., to offer Jennifer VoicePlus voice picking solutions for the warehouse.

Deltion launches CarrierNet Logistics Control Tower service

2 Deltion launches CarrierNet Logistics Control Tower service

The need for smarter logistics solutions, which provide extended supply chain partners with the real-time information required to meet today's business demands, has been apparent for many years.

Zetes RFID solution helps manage more than 150,000 visitors at Belgium's F1Grand Prix

3 Zetes RFID solution helps manage more than 150,000 visitors at Belgium's F1Grand Prix

from August 26-28. Organiser Spa-Grand Prix plans to sell at least 150,000 admission tickets.

Epicor announces Cloud Computing solution for distributors

4 Epicor announces Cloud Computing solution for distributors

Corporation has unveiled Epicor Distribution Express Edition (Epicor Express), the on-demand version of its award-winning, next-generation Epicor enterprise resource planning (ERP) solution.

Ortec team awarded second place in AIMMS/MOPTA optimization modeling competition

5 Ortec team awarded second place in AIMMS/MOPTA optimization modeling competition

The final stage of the AIMMS modelling competition reached its conclusion at the 2011 MOPTA conference and the Ortec team, from Gouda in the Netherlands, was awarded second place.

Honeywell completes acquisition of EMS Technologies

6 Honeywell completes acquisition of EMS Technologies

Honeywell has completed its acquisition of EMS Technologies, Inc., for approximately $491 million.

Barloworld SCS secures forecast accuracy for The Royal Mint

7 Barloworld SCS secures forecast accuracy for The Royal Mint

Royal Mint has secured its forecast accuracy and enhanced customer service, with the deployment of Optimiza Demand Planner software from Barloworld Supply Chain Software.

Aerosoles, premium footwear brand, selects Maple Lake's QuickAssortment for assortment management

8 Aerosoles, premium footwear brand, selects Maple Lake's QuickAssortment for assortment management

Aerosoles selected Maple Lake's QuickAssortment software to refine and centralise the retailers' merchandise, store and assortment planning activities.

LXE Marathon field computer certified for use with Datamax-O'Neil portable printers

9 LXE Marathon field computer certified for use with Datamax-O'Neil portable printers

EMS Global Resource Management has announced that Datamax O'Neil has tested and certified the LXE Marathon field computer for use in the field with Datamax-O'Neil's extensive line of rugged portable printers.

Exel launches Eagle Sales Force solution

10 Exel launches Eagle Sales Force solution

Exel Computer Systems is extending its expertise into the area of Sales Force automation by launching an advanced and flexible solution for sales operations.

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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