The Logistics Institute, part of Hull University Business School, is hosting the 2008 Humber International Logistics Convention on 5th June at 9.30am
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.
Codegate launches shrink-wrapped proof of delivery solution for couriers
Apr 17, 2008
Mobile data solutions specialist Codegate has announced that its mobilecourier proof of delivery software solution for couriers has now been developed into a shrinkwrapped solution that can be deployed in under two weeks
Manhattan teams with IBM to deliver innovative solutions for retail
Apr 14, 2008
Manhattan Associates' Distributed Order Management Solution gains IBM Retail Integration Framework status
Formula: the new pocket-sized mobile computer by Datalogic Mobile
Apr 09, 2008
This new device is claimed to be the perfect choice for entry-level applications in retail environments, such as inventory, shelf replenishment and price management
New CEO to Consafe Logistics
Apr 08, 2008
Robert Jansson (pictured) returns to the company to take over from Ulf Wallin
Peppers Warehousing choose Belgravium
Apr 07, 2008
As part of their ongoing service commitment, Peppers chose Chess Logistics together with Belgravium Ltd to provide a solution which will effectively update their current logistics function
TRI-NET go global with Kewill
Apr 07, 2008
Kewill has been selected by Tri-Net Logistics Management as its solution provider for its U.S. based Freight Forwarding business
Honeywell introduces new entry-level barcode scanner
Apr 04, 2008
3200 Linear Imager Provides Quality Scanning Performance and Ergonomic Design at an Affordable Price
Infor provides Promethean with a single, integrated ERP solution
Apr 04, 2008
Promethean needed a business-specific solution to provide the company with an accurate and real-time view of all operations across finance, sales, manufacturing, customer support, and distribution.
Clandestine Software a safe harbour for Anchor
Apr 04, 2008
Clandestine Softwares new online stock management system has allowed Anchor Storage to absorb an unprecedented 90% increase in internet orders for goods since the start of 2008
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.
