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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FreightScan receives contract for installation of FS100 dimensioning system from Worldwide Flight Services

1 FreightScan receives contract for installation of FS100 dimensioning system from Worldwide Flight Services

FreightScan, LLC has received a contract to permanently install an FS100 automated system for cargo dimensioning at the Worldwide Flight Services (WFS) cargo facility

top-VOX active in Japan with its Pick by Voice solutions

2 top-VOX active in Japan with its Pick by Voice solutions

top-VOXs Pick by Voice solutions have now arrived in the land of the rising sun. The company reports that, despite advanced and automated warehouses, local experts want to squeeze the last ounce of efficiency from logistics centres.

Eroski Group Selects i2 Solutions

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i2 Technologies, Inc. have announced that Eroski Group has selected the i2 Transportation solutions as the foundation for network modeling, planning and execution of its inbound and outbound transportation operations.

Zetes' 3i Voice Solution helps Visionlab boost its productivity by 30%

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Zetes Spain has been entrusted with a pioneering project to equip a Visionlab SAP-managed automatic warehouse with its voice technology.

UPM Pro RFID Alliance - a new network of expert professionals and companies

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UPM Raflatac has introduced a new global network of RFID professionals.

Crisis in freight markets creates risks for retailers

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LCP advises retailers to manage their international logistics with more care in the lead up to Christmas...

Vocollect continues expansion into Asia

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Voice solutions provider, Vocollect, Inc., has established an office in Hong Kong and has hired Vance Lau as Managing Director for the territory.

Zetes wins two industry awards in two weeks

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Zetes, the supply chain technology specialist has been awarded two of the industrys highest accolades, winning both a CILT Excellence Award and a Retail Systems Award.

Tesco builds Dot Com Only Store for grocery home shopping fulfillment

9 Tesco builds Dot Com Only Store for grocery home shopping fulfillment

Tesco has taken a major step forward in handling the picking and delivery of groceries ordered via the Tesco.com website by building a dedicated Dot Com facility

NetDespatch launches multifunctional SaaS mobile web platform

10 NetDespatch launches multifunctional SaaS mobile web platform

NetDespatch Agility allows a single mobile device to be used for an array of specialist functions by accessing web-hosted software and databases.

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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