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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Checkpoint launches RFID-based EAS solution designed for apparel retailers

1 Checkpoint launches RFID-based EAS solution designed for apparel retailers

Checkpoint Systems, Inc. has announced its RFID Overhead EAS Solution, delivering benefits both for loss prevention and inventory visibility at the point-of-exit.

Formability makes it work fast at Speedy Hire

2 Formability makes it work fast at Speedy Hire

Following the principles utilised by Tesco, Speedy Hire is remodelling its chain of UK hire depots to help it meet the needs of its customers and further strengthen its platform for growth.

Vocollect offers Voice-directed workflow solution for leading products across 'big four' mobile computing companies

3 Vocollect offers Voice-directed workflow solution for leading products across 'big four' mobile computing companies

Vocollect is now the only voice provider with Voice-directed workflow solution support for all four of the leading vendors in the logistics and distribution market: Intermec, Psion, LXE and Motorola.

MSS fleet gets Masternaut telematics and mobile worker system

4

Facilities management company Managed Support Services (MSS) has invested in an integrated real-time system to manage its team of mobile engineers.

Ortec launches Inventory Routing

5 Ortec launches Inventory Routing

Ortec, provider of advanced planning solutions and consultancy services, has launched its newest product - Ortec Inventory Routing (Ortec IR).

Alex Driesen appointed Senior Vice President for Zetes Northern Region

6 Alex Driesen appointed Senior Vice President for Zetes Northern Region

Zetes has appointed Alex Driesen to the role of Senior VP North Europe, with responsibility for developing the company's businesses in the United Kingdom, Ireland and the Nordics.

Logistics 'is happiest career choice'

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When it comes to sheer job enjoyment nothing can beat a career in logistics and distribution - according to new data. Young professionals reviewing their roles on employment website TheJobCrowd.com were happiest if they worked in transport and logistics.

Nordic ID and RF-iT Solutions offer easily deployable RFID to apparel retail

8 Nordic ID and RF-iT Solutions offer easily deployable RFID to apparel retail

The apparel industry has been in the forefront of streamlining their processes with the help of RFID. The accurate inventory level and replenishment benefits that create savings in time and money that appeal to all retailers.

Citizen strengthens European sales team

9 Citizen strengthens European sales team

Citizen Systems Europe, manufacturer of high quality label, barcode and portable printers, has strengthened its European sales team with the appointment of two key sales staff.

SAP Product Lifecycle Management Conference - 20-22 Sept 2011

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Join us in Hamburg, Germany, on 20-22 September for the SAP Product Lifecycle Management Conference 2011.

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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