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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Belgravium launchs VRS, a new Voice Recognition System

1 Belgravium launchs VRS, a new Voice Recognition System

A fully operational Voice Recognition System from Belgravium Ltd is now available for demonstration and implementation.

Skye deploys Manhattan Associates supply chain solution

2 Skye deploys Manhattan Associates supply chain solution

Manhattan Associates has announced that Skye Group has achieved significant productivity benefits following the implementation of Manhattan ILS: Integrated Logistics Solutions.

Aerco increases sales and improves customer satisfaction with Strategix OneOffice

3 Aerco increases sales and improves customer satisfaction with Strategix OneOffice

For specialist parts distributor, Aerco, Strategix OneOffice was the natural choice for integrating every link in its supply chain.

RedPrairie customers improve training and knowledge transfer with eLearning

4

Interactive courseware now available as part of RedPrairie Workforce Management (WFM) for Supply Chain

Coca-Cola Enterprises taps JDA Software

5 Coca-Cola Enterprises taps JDA Software

Coca-Cola Enterprises has deployed several applications in JDA's Space & Category Management solution suite.

Kwik-Fit ramps-up customer service with new mobile system

6 Kwik-Fit ramps-up customer service with new mobile system

New mobile system delivers five per cent increases in efficiency and cuts communications costs by 75 per cent

GS1 UK backs industry initiative to standardise mobile scanning.

7 GS1 UK backs industry initiative to standardise mobile scanning.

GS1 UK has announced its participation in a worldwide industry initiative, GS1 Mobile Com, which will enable consumers to access product information via their mobile phones.

The Carphone Warehouse puts the customer first with RedPrairies Execution Management Solution

8 The Carphone Warehouse puts the customer first with RedPrairies Execution Management Solution

The Carphone Warehouse, has successfully rolled out an Execution Management application from RedPrairie to its UK stores, to bridge the information gap between head office and stores.

ADM Londis picks up on the benefits of Voice Technology

9 ADM Londis picks up on the benefits of Voice Technology

Substantial savings for Londis and TDG Logistics following their investment in Accord Voice WMS.

Repair service extends life of handheld networks

10 Repair service extends life of handheld networks

Operators of Radix and Itronix ruggedised handsets requiring support in the UK have meant growing business for Eastern Data Group's repair service.

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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