ePOD could mean 67% more shoppers go online to buy
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.
3M hosts Supply Chain ROI Seminar for warehouse professionals and end-users
Apr 23, 2008
3M Supply Chain Solutions will be hosting a one-day seminar on the theme Getting a better return on your Supply Chain Investment on 14 May 2008 in Bracknell, Berkshire, UK
Voice is choice for KNAPP customers
Apr 23, 2008
KNAPP has enjoyed considerable success in implementing voice-directed picking solutions for clients in diverse sectors across Europe
Avery introduces new online multimedia training tool
Apr 23, 2008
Avery Dennison RFID has added a comprehensive online training module to help those new to the industry understand and familiarise themselves with RFID systems
Accu-Sort doubles production of AV6010 barcode reading camera systems
Apr 23, 2008
Auto ID users have been quick to adopt Accu-Sort's new camera-based barcode scanning system
Capita Fulfilment Services chooses Junction Solutions Retail ERP Solution
Apr 22, 2008
Junction Solutions has announced that Capita Fulfilment Services, a division of the leading Business Process Outsourcing and professional services organisation, The Capita Group, has selected JunctionRES to replace its current 3EX system
Reducing carbon footprint for a greener supply chain is easily achievable
Apr 22, 2008
While 'greening' supply chains has been a hot topic for years, companies involved in shipping and freight forwarding are still overlooking many cost-efficient methods to reduce their carbon footprint
Three New Barloworld Optimus Tools
Apr 22, 2008
A carbon optimisation tool that has already resulted in a 28% reduction in carbon emissions coupled with a 9% decrease in costs in real-life proving trials, is just one of the new Barloworld Optimus tools
Junction Solutions launch new version for Retail
Apr 18, 2008
Junction Solutions has released Version 4.2 of its newly branded Junction Solutions for Retail packaged software suite
New Warehouse Management System RFP with Vendor Score Carding
Apr 17, 2008
Industrial Data & Information, Inc. announces version 12 of the Advanced Warehouse Management System (WMS) RFP product
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.
