South Africas leading retailer also recognizes i2 with Key Partner of the Year Award
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.
Honeywell redefines device category with introduction of new ruggedized digital assistant
Jan 12, 2010
Honeywells Dolphin 9700 is equipped with advanced imaging and communications technologies for continuous connectivity and reliability.
Cinram benefits from voice picking solution
Jan 12, 2010
Cinram Logistics UK is operating a new voice-directed picking (VDP) system supplied by KNAPP UK Ltd at its site in Aylesbury, Buckinghamshire.
4" and 6" wide label printers from Tharo Systems
Jan 11, 2010
The Tharo Systems H-400/H-600 Series thermal transfer, barcode label printers, available in 203 or 300 DPI, feature a durable all metal construction with a cast aluminium centre wall for added strength.
CSL receives Frost & Sullivan's award for best RFID product
Jan 11, 2010
Convergence Systems Limited has been awarded the 2009 Asia Pacific Frost & Sullivan Product Differentiation Excellence Award for the RFID Readers Market.
Softlink Systems deploys Logi-Sys, a web based ERP solution
Jan 11, 2010
Softlink Logistic Systems has announced the successful installation of Logi-Sys, a web-based, end-to-end, modular, ERP software at Logistic Integrators.
Supply chain turkeys set to stuff sales this Christmas
Jan 05, 2010
It's been a challenging year, but news that retailers might not meet customer demand due to supply chain inefficiencies is alarming.
The Bon-Ton Stores manages fast-paced retail operations with new Warehouse Management System
Jan 05, 2010
HighJump Software has announced The Bon-Ton Stores, Inc. has implemented HighJump Warehouse Advantage in three distribution facilities under tight timelines.
Bitmakers and Ortec form strategic partnership
Jan 05, 2010
Bitmakers resells Ortecs Vehicle Routing and Dispatch, Pallet and Load building and Field Service Planning Solution Suites in the Spanish market.
Jungheinrich acquires stake in leading software company
Jan 05, 2010
Materials handling specialist Jungheinrich has acquired a significant stake holding in ISA-Innovative, a leading warehouse management systems software company.
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.
