Amtrak and NetDespatch are celebrating after reaching a landmark 10 million online bookings
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.
Clinton Cards integrates merchandising for stores
Feb 29, 2008
Clinton Cards has commissioned K3 to develop and implement a solution to manage Clinton Cards central merchandising, stock ordering and sales analytics
Masternaut Three X acquires FibreCity in multi-million pound deal
Feb 29, 2008
The UK web-based telematics and mobile solutions company, Masternaut Three X, has acquired FibreCity, the leading-edge ISP based in Aberford, Leeds, in a deal worth GBP 6 million
Datalogic JET certified Windows Mobile 6
Feb 29, 2008
Datalogic Mobile is the first company worldwide in the Auto-ID sector to install Windows Mobile 6, the new Microsofts operating system, on its device Datalogic JET
New hand-held data terminal combines data collection and voice communication in a compact format
Feb 27, 2008
A new handheld terminal by Nordic ID combines fast wireless collection of product data from different sources with voice communication.
Manhattan Associates SCOPEs out supply chain at Softworld Supply Chain & Logistics 2008
Feb 27, 2008
Global supply chain optimisation provider, Manhattan Associates, Inc. will be exhibiting at Softworld
HighJump Software launches Advanced Billing Management solution for logistics service providers
Feb 26, 2008
HighJump Billing Management is designed to improve billing accuracy and capture charges on a client-by-client basis
Datalogic Automations RFID business unit announces PROFIBUS
Feb 26, 2008
The RFID Business Unit of Datalogic Automation announces several new Escort Memory Systems products for industrial auto-ID applications, for Cobalt HF, an enhanced Cobalt HF platform, new gateways and the new Cobalt HS
Sterling Commerce adds slotting capabilities to Warehouse Management Solution
Feb 26, 2008
New slotting engine helps companies more intelligently manage resources in the warehouse
Aldata at Softworld 2008
Feb 25, 2008
Aldata will be showcasing two major solutions at this years Softworld
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.
