Enabling fast inventory cycle counts, as well as optimised batch order waves, reduced manual workload, increased inventory control and improved lot traceability
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.
Saracen choose tmWare
Apr 01, 2008
Saracen Datastore provides data storage and retrieval facilities alongside 3rd party warehousing
Agility acquires stake in US-based global supply chain company
Apr 01, 2008
Agility and Industriaplex Inc., a next generation B2B service provider, have formed a strategic alliance with Agilitys acquisition of a 10.82 percent equity stake in the company
How CRM changes peoples jobs on an everyday level
Mar 31, 2008
Concentrix has identified 15 key ways in which CRM systems impact on peoples jobs on an everyday level.
30th anniversary of IBS developing and delivering world-class business systems
Mar 31, 2008
IBS was formed in Sweden in 1978 and has since grown to become one of the industrys leading vendors of supply chain management software
Manhattan Associates appoints director of international communications strategy
Mar 31, 2008
New post critical to building brand in Asia-Pacific and to strengthening company's market position in Europe, the Middle East and Africa
Keystone Distribution centre rises from the ashes
Mar 27, 2008
Following the massive Buncefield Oil Depot explosion in 2005 that devastated its previous depot, Keystone Distribution UK has returned to Hemel Hempstead with the opening of an advanced 22,800 m2 composite distribution centre
FREE Microlise 1/2 day Seminars
Mar 27, 2008
Increasing Operational Performance in Transport & Mobile Logistics Operations
Next generation collaboration Knowledge Event
Mar 25, 2008
Swisslog (UK) has organised a Knowledge Event on Next Generation Collaboration, which will take place at the Heritage Motor Centre in Gaydon on 29th April 2008.
UK Christmas Decorations Importer Selects 3M to Sustain Continuous Process Improvement and Optimisation
Mar 25, 2008
HighJump Warehouse Advantage from 3M chosen for low total cost of ownership, adaptability and value-added support offerings
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.
