SEEBURGER UK has appointed Richard Reynolds as its new Sales Director
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.
Wal-Mart Selects Oracle for Business Intelligence
Aug 05, 2008
Wal-Mart has selected Oracle Business Intelligence Suite Enterprise Edition Plus to provide comprehensive data intelligence and analysis
Free Seminar For Supply Chain Professionals - 12th November 2008
Aug 05, 2008
Recession-Busting Strategies For The Supply Chain
Aeromarks Optimatics and Workflow DynMX solution help steamline business process
Aug 04, 2008
Lantec is rolling out Aeromarks integrated Optimatics and the recently launched Workflow DynMX solution to its 175 field engineers
Genesis launches hosted MS CRM 4.0 for mobile
Aug 04, 2008
Mobile data solutions provider, Genesis Communications, has launched Microsoft Dynamics CRM 4.0 as a hosted service available on mobile devices
ONeil introduces the microFlash 2te mobile printer
Jul 30, 2008
ONeil Product Development, Inc. has launched a new, extremely small, rugged and reliable 2-inch wireless portable thermal printer
60% of supply chain executives are measuring their transportation and logistics emissions
Jul 25, 2008
eyefortransport recently surveyed over 500 North American supply chain executives to establish where their greening efforts are being focused, and how theyre being managed and financed
Datalogic introduces a new concept of 2D imager
Jul 25, 2008
Datalogic Automation has announced the availability of the Matrix 200 2D imager
Rapidly broadening interest in RFID
Jul 25, 2008
Being an enabling technology, like paper or the wheel, though somewhat more recent, RFID is now being applied ever more broadly
A vital component
Jul 25, 2008
Running a world class international distribution business requires the very best management information systems, but keeping the software updated without service disruption is a significant challenge
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.
