Manhattan Associates has announced that Foschini Group, one of South Africas leading fashion and lifestyle retail chains, has selected Manhattan Associates Warehouse Management solution.
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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RedPrairie improves inventory management flexibility for third party logistics providers
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Handheld expands to the Italian market
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Calor to enhance fuel delivery with TouchPC Kestrel
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Supply chains and the Internet becoming inseparable
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Wincanton Standardises pan-European operations
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Exel EFACS helps Bennett Opie get it right first time, every time
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The greatest potential difficulty in terms of production comes from dealing with such a large range of product types each with different shapes and sizes of packaging
Honeywell's Adaptus Imaging Technology chosen for HP scan-and-print handheld
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ONEIL OFFERS ENHANCED SECURITY AND ENCRYPTION PROTOCOLS ON ALL 802.11-EQUIPPED PORTABLE PRINTERS
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Advanced Capabilities for Security and Encryption of Data Provides More Security Options, PCI DSS Compatibility, a Consistent Platform, and a Unique Framework for Protecting Future Application and Installation Requirements
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.
