Infor has announced that Foschini has selected Infor HCM Workforce Management Time & Attendance to boost staff productivity within its fashion, sport, jewellery and homeware stores
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.
HighJump Software announces HighJump Labour Advantage
Feb 03, 2009
While labour management projects tend to generate quick ROI, many companies cannot take advantage of these benefits because of constrained capital budgets due to current economic challenges
Datamax - ONeil introduces two new PrintPADs
Feb 02, 2009
The PrintPADs are designed to integrate with Intermecs CN3 and CN3e mobile handheld computers
Zetes takes over the Print & Apply activities of Bopack Systems
Jan 27, 2009
Zetes, a leading pan-European provider of solutions and services for the automatic identification of goods and people , is taking over the Print & Apply activity of Bopack Systems.
Manhattan Associates and CSF Polska Earn Industry Accolade at Innovation in Logistics Awards Event
Jan 27, 2009
Manhattan Associates and CSF Polska, a Manhattan business partner have won a joint award at Polands third Innovation in Logistics Awards ceremony.
First test for new software partnership
Jan 27, 2009
MMCC Consultants and B2M work together on mobile application for Kwik-Fit Fleet
Kewill provides AG Thames Holdings with enhanced EDI experience.
Jan 27, 2009
AG Thames Holdings, a fruit importer and logistics provider, has improved its order and invoicing processes with the implementation of MessageBroker from Kewill.
Transwide case study: Evonik
Jan 26, 2009
Evonik is a leading industrial group, active in the Chemicals, Energy and Real Estate markets.
Seafield Logistics drives cost savings with RedPrairie WMS solution
Jan 26, 2009
Best practice will mean benefits across the Seafield Logistics estate.
Building sales and improving supplier performance
Jan 26, 2009
Jewson had a cumbersome supply chain management system that combined outdated manual entries, telephone calls and fax exchanges with suppliers...
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.
