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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The Bon-Ton Stores manages fast-paced retail operations with HighJump Warehouse Management System

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HighJump Software has announced The Bon-Ton Stores, Inc., has implemented HighJump Warehouse Advantage in three distribution facilities under tight timelines.

IBS FasTrax from International Business Systems to provide accelerated implementation and faster time-to-value

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New service offering bundles industry process best practice and consulting services for fixed price 3-month delivery

Halfords plans multi-channel future with Manhattan Associates

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The announcement will see Halfords deploy a range of solution components from Manhattans Distribution Management suite.

Advanced Warehouse Management in the Industrial Equipment and Machinery Sector

4 Advanced Warehouse Management in the Industrial Equipment and Machinery Sector

Moving beyond the limitations of existing enterprise resource planning (ERP) systems, advanced warehouse management solutions position firms to operationally excel and drive profitable growth in todays hypercompetitive global markets.

New Off-the-Shelf Stock Inventory Software Launched by MMCC Consultants

5 New Off-the-Shelf Stock Inventory Software Launched by MMCC Consultants

MMCC Consultants have developed a new stock inventory and asset management package for handheld devices that can be installed without the need for a completely new back office system.

Optically guided picking technology developed by KNAPP

6 Optically guided picking technology developed by KNAPP

Leading logistics solutions provider KNAPP is in the final development stages with its revolutionary optically guided picking system.

Nordic ID PL3000 Cross Dipole UHF RFID Certified by the EECC

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The European EPC Competence Centre (EECC) has tested and certified the Nordic ID PL3000 Cross Dipole UHF RFID interrogator granting the device the right qualifications in accordance with the RFID handheld performance requirements.

Snapfulfil gets on its bike

8 Snapfulfil gets on its bike

As the motivation to 'go green' becomes ever greater, giving up the car and cycling instead has become an increasingly popular option.

Zebra launches new retransfer card printer

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Zebra Technologies Corporation has launched Zebra ZXP Series 8, which is said to produces photo-quality cards at a very fast speed.

Getac tablet PCS receive MIL-STD-810G, MIL-STD-461F and IP65 military certification

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Getac's line of notebook computers and tablet PCs has been MIL-STD-810G, MIL-STD-461F and IP65 certified by an independent testing lab to withstand severe environmental conditions.

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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