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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Honeywell introduces the Dolphin 6000 Scanphone

1 Honeywell introduces the Dolphin 6000 Scanphone

Honeywell has announced the introduction of the Dolphin 6000, a new class of mobile device that bridges the gap between consumer mobile phones, industrial mobile computers and barcode scanners, empowering mobile information workers to connect, collect and communicate at the point of customer service.

Fashion retailer Donna Karan chooses QuickAssortment to optimise store-level assortments for high-profile clientele

2 Fashion retailer Donna Karan chooses QuickAssortment to optimise store-level assortments for high-profile clientele

The Donna Karan Company L.L.C., the international fashion retailer, is implementing a new merchandise, store and assortment planning software solution.

Kewill Logistics 6.04 now available

3 Kewill Logistics 6.04 now available

Kewill, a provider of solutions that simplify global trade and logistics, has announced the new release of its best-of-breed transportation and warehouse management suite Kewill Logistics 6.04.

EMS Technologies to be acquired by Honeywell for approximately $491 million in cash

4 EMS Technologies to be acquired by Honeywell for approximately $491 million in cash

EMS Technologies has announced a definitive agreement under which Honeywell, a diversified technology and manufacturing leader, will acquire EMS in an all-cash transaction valued at approximately $491 million, net of cash acquired.

Electronic retail giant Dixons boosts competitive advantage and customer service with Ortec

5

Dixons South East Europe is reaping numerous benefits following the decision to implement Ortec Shortrec at its central distribution warehouse in Greece.

ByBox wins prestigious safety award

6 ByBox wins prestigious safety award

ByBox has scooped an International Safety Award from the British Safety Council for the health and safety performance achieved at its Coventry base from which its delivery model is coordinated.

Warehouse design needs to manage demands of opposing retail strategies

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Two major strategies in modern day retailing make opposing demands on the warehousing process and both need to be considered when designing a distribution centre, says Andy Blair, Sales Manager at Swisslog, the global supplier of logistics solutions.

Asda takes dedicated e-commerce store into operation with the help of Vanderlande

8 Asda takes dedicated e-commerce store into operation with the help of Vanderlande

Asda have seen strong growth in business generated from its on-line shopping operation. In fact, Asda.com achieved record sales in 2010 and expects this to grow further in 2011.

HDS Retail North America wins Microsoft Award for Excellence in implementing retail solution from Ideaca and TXT e-solutions

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HDS Retail North America was one of the first companies in the world to go live with Microsoft Dynamics AX for Retail and this award is evidence of the success of the industry solution.

PPD Pick Pack Dispatch launched as SaaS solution

10 PPD Pick Pack Dispatch launched as SaaS solution

Order fulfilment specialist Axida has launched PPD; a pick, pack and despatch Software as a Service (SaaS) offering designed specifically for the needs of ecommerce, mail order and fulfilment businesses.

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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