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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LXE targets Ports applications with new addition to its Thor family of vehicle-mount computers

1 LXE targets Ports applications with new addition to its Thor family of vehicle-mount computers

Rugged mobile computer brand LXE has announced a 12 key version of the LXE Thor vehicle-mount computer, targeting all Intermodal operations.

Dematic receives award for Voice application implementation in intralogistics

2 Dematic receives award for Voice application implementation in intralogistics

Dematic Ltd, Banbury, was named "Best New Partner 2010" by Vocollect, the developer and manufacturer of Voice technologies for mobile applications, at this year's EMEA Reseller Conference in Marbella, Spain.

Gold Star for Sanderson

3 Gold Star for Sanderson

Sanderson has won a new contract to supply its business solution to Gold Star Cash & Carry Ltd, a new start-up company.

Dunbar Armored and Under Armour executives to keynote Barcoding, Inc. Executive Forum

4 Dunbar Armored and Under Armour executives to keynote Barcoding, Inc. Executive Forum

Barcoding, Inc. has announced keynote speakers for the Executive Forum: Accelerating the Supply Chain with Barcoding and RFID presented in conjunction with Motorola Solutions, Zebra Technologies, and Ingram Micro.

Datalogic a world-class leader on the market of Industrial Automation

5

Datalogic Automation, a member of Datalogic Group, has been ranked second best in the world of industrial barcode scanners with laser and vision technologies.

Agentrics' new sourcing service

6 Agentrics' new sourcing service

Agentrics is opening its doors with a new sourcing and procurement service which until now has only been available to its retail client base.

Swisslog blog spreads the word

7 Swisslog blog spreads the word

Swisslog is enhancing its reputation for spreading knowledge and encouraging debate with the recent launch of its blog.

ByBox on the Move

8 ByBox on the Move

In this age of technology, things are getting easier. Contacting someone, sharing information, finding the best deal and even fixing broken machines. And as each year passes, companies have to find ways of changing their business to allow for the simplification of certain processes and avoid becoming inefficient.

Savoye signs PTS deal with meat processor Kermen

9 Savoye signs PTS deal with meat processor Kermen

Savoye has signed a contract to deploy its PTS (Picking Tray System) order fulfilment solution to a key meat products supplier to the French supermarket retailer E.Leclerc.

TomTom hits 150,000 actively managed vehicles milestone

10 TomTom hits 150,000 actively managed vehicles milestone

TomTom has surpassed the milestone of 150,000 vehicles actively managed in Webfleet, its fleet management application. More than 13,000 businesses are now managing their fleet operations with TomTom.

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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