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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Dexterra launches new mobile security solution

1 Dexterra launches new mobile security solution

Dexterra Inc. now offers a two-factor mobile security solution powered by the VeriSign Unified Authentication Service

Retailers gain better control of global sourcing operations with Eqos 4.2

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Eqos, a provider of on-demand PLM, global sourcing and supplier management solutions for the retail supply chain, has announced the immediate commercial availability of Eqos 4.2

Extreme Performance at RedPrairies upcoming International User Conference

3

Customers, partners, consultants, and polar explorer to speak at RedShift International, which will be held at St. Johns Hotel, Solihull, Birmingham, UK, 16-17 September 2008

CASE STUDY - A flourishing future for FloraHolland

4 CASE STUDY - A flourishing future for FloraHolland

To ensure ongoing business success, every flower cart is tracked by a bar code and an RFID system

TouchStar Technologies and ORTEC form Strategic Partnership

5 TouchStar Technologies and ORTEC form Strategic Partnership

ORTEC is pleased to announce the formation of a strategic alliance with TouchStar Technologies, leading specialist within the mobile computing and wireless communication markets

AM Labels introduces new Citizen CL-S700 printer

6 AM Labels introduces new Citizen CL-S700 printer

AM Labels Limited has just introduced a new Citizen mid-range printer to their already extensive range of printers, scanners and label applicators

Tesco selects RedPrairies Enterprise Workforce Management

7 Tesco selects RedPrairies Enterprise Workforce Management

The solution will be used to manage its Global Store Staff of 350,000 employees, across 13 countries

Port of Tyne on top of the world

8 Port of Tyne on top of the world

Its been a fantastic year for Port of Tyne who were named Port Operator of the Year at the prestigious Lloyds list London awards in April

Matalan entered into Hall of Shame by FPB for squeezing suppliers

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The Forum of Private Business is naming and shaming the retail giant Matalan, which is imposing a 2% deduction on all payments to suppliers from 1 September 2008

Toupargel a smooth re-organisation

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Toupargel was founded in 1947 and acquired by its current General Manager, Roland Tchenico in 1982

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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