RedPrairie Corporation held its third annual international customer conference and exhibition on 16-17 September
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.
Belgravium launch new Tablet PC
Oct 08, 2008
Belgravium is proud to introduce its latest generation, ruggedised web tablet, the Tokyo 3200 Series
HighJump Software receives top Warehouse Management Solutions award by European Institute of Transport Management
Oct 08, 2008
HighJump Software has been honored with the Warehouse Management Solutions Company 2009 Award by the European Institute of Transport Management
GS1 UK launches Data Quality initiative
Oct 07, 2008
Sainsburys and Britvic co-chair industry forum to standardise product information
Import Services launches logistics reporting service
Oct 01, 2008
Import Services has launched a new service to transform the way the delivered cost per order is reported
Global positioning system technology inside the Datalogic JET PDA
Oct 01, 2008
Datalogic Mobiles JET PDA has now been enhanced with integrated GPS technology, making it a Full Optional Solution
3,000 mobile terminals for Globus specialist stores
Oct 01, 2008
The Skeye division of Hoeft & Wessel AG is supplying 3,000 mobile terminals to the company Globus Fachmaerkte (specialist stores) in Voelklingen/Saarland
Logistic International cuts support costs by 92%
Sep 30, 2008
Logistics International PLC improves the IT and support services delivered to its clients by using B2Ms mprodigy mobile management suite to manage field-engineers equipment
Honeywell introduces a wireless scanning workhorse for demanding industrial environments
Sep 26, 2008
Honeywell has announced its newest addition to the 3800 linear bar code scanner family to meet the needs of customers who require maximum durability from their bar code scanning solution
Wesupply recognised for its intelligent electronic trading solution
Sep 26, 2008
Wesupply has been awarded the title Innovation in Supply Chain Management 2009' by the Institute of Transport Management, following an independent research study into the challenges and changing demands of the global freight industry
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.
