Tracking solutions company Isotrak is continuing to implement 2010 growth plans by expanding its Milton Keynes premises by over 50% to make way for the company's growing development, professional services and operations teams.
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.
The European Athletics Championships controlled by Handheld's Nautiz X5
Jul 27, 2010
All entrance tickets at the European Athletics Championships in Barcelona are being checked using rugged handheld computers from Handheld.
Oriflame increases responsiveness to global demand with the support of JDA Software
Jul 21, 2010
Cosmetic company Oriflame has successfully completed the implementation of JDA Fulfillment, from JDA Software Group, Inc.
3663 reduces logistics transport operations cost with the help of Microlise
Jul 21, 2010
Consistently seeking to improve service and optimise efficiency in order to maintain a competitive edge, 3663 set itself a target of a 5% cost saving across its logistics transport operations.
Hanover Displays chooses Microsoft Dynamics
Jul 21, 2010
Hanover Displays has selected Microsoft Dynamics AX from Columbus IT as their new ERP solution.
Manufacturing Performance Masterclass 2010 and TPM & OEE Workshop 2010
Jul 21, 2010
The annual Manufacturing Performance Masterclass is proving an ideal forum for sharing best practices across industries, as well as providing an excellent networking opportunity.
P&O Ferrymasters selects Quintiq to optimise operations and support expanded service offering
Jul 14, 2010
Quintiq has announced that P&O Ferrymasters has chosen Quintiq software to handle all aspects of the company's planning.
Rolf reaps benefits as Lobnya Terminal goes live with iTracks
Jul 14, 2010
The implementation of a yard management system has been completed at Rolf Group's newly built Lobnya Terminal on the outskirts of Moscow, by finished vehicle software specialist Vehnet.
Psion Teklogix and Zetes announce UK strategic partnership
Jul 14, 2010
Psion Teklogix, Inc. and Zetes have entered into a strategic partnership for the UK marketplace.
Fashion industry logistics sewn up at IMHX
Jul 14, 2010
Handling and storage solutions for hanging and flat-pack garments will feature among the many products and services at the International Materials Handling Exhibition at the NEC from 16-19 November.
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.
