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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RedPrairie strengthens Transport Management team with new Senior Solutions Consultant

1 RedPrairie strengthens Transport Management team with new Senior Solutions Consultant

RedPrairie Corporation has appointed John Pym to the role of Senior Solutions Consultant and Industry Director for Transportation Management Solutions (TMS).

AEB (International) partners with Belgravium for radio-enabled Supply Chain Solutions

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AEB International, a software provider in the fields of dispatch, logistics and global trade, has established a partnership with Belgravium, a manufacturer of rugged mobile communications devices.

Enterprise Software joins forces with Ortec to solve the transport planning puzzle

3 Enterprise Software joins forces with Ortec to solve the transport planning puzzle

Enterprise Software and Ortec have joined forces to create a fully integrated Transport Management and Routing Solution.

VAI's S2K Warehouse Management Software wins Network Products Guide Reader Trust Award for Best in Applications

4 VAI's S2K Warehouse Management Software wins Network Products Guide Reader Trust Award for Best in Applications

VAI (Vormittag Associates, Inc.) has announced that Network Products Guide has named S2K Warehouse Management Software, a winner of the 2010 Best Products and Services Award.

DinoSol selects Oracle Retail Planning applications to help enhance inventory management and improve performance

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DinoSol has selected Oracle Retail planning applications as part of a strategic initiative which the retailer expects will help improve performance and profitability across its four store formats.

Datalogic acquires Evolution Robotics Retail Inc.

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Datalogic S.p.A. (Datalogic) has announced the acquisition of the entire share capital of Evolution Robotics Retail.

Service Management Expo -21 & 22 September- NEC, Birmingham

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Reduce costs tick. Improve efficiency.tick. See increasing revenue delivered through your field service team. yes please!

Savoye invests in the UK market

8 Savoye invests in the UK market

Savoye has strengthened its commitment to the UK market with the opening of its new UK headquarters in Coalville, Leicestershire.

Navarre adds 3PL services to distribution operation using HighJump WMS

9 Navarre adds 3PL services to distribution operation using HighJump WMS

HighJump Software has announced that Navarre Corporation is extending its service offering to include third-party logistics (3PL) services with the help of its HighJump solutions.

Zetes to deliver 9500 biometric kits to the DRC in support of the 2011 presidential elections

10 Zetes to deliver 9500 biometric kits to the DRC in support of the 2011 presidential elections

Automatic identification solutions and services provider Zetes has been awarded a contract for the delivery of 9500 mobile biometric kits for Democratic Republic of the Congo (DRC) in support of the 2011 presidential elections.

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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