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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LXE invites visitors to work hard and play hard on 2 stands at Logistics Link South

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LXE invites visitors to see how they can increase productivity, visibility and efficiency and be first past the post with LXE, at Logistics Link South, Sandown Park Racecourse on February 5th and 6th 2008.

NetDespatch makes eCommerce add up for Amtrak

2 NetDespatch makes eCommerce add up for Amtrak

NetDespatch is helping to make express delivery parcel services more available, thanks to the development of an online credit card payment facility for customers of express parcel carrier Amtrak

Datalogic exceeds 403 Million sales revenues

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Datalogic consolidated revenues of 403 million (mn) for the twelve months of 2007

RedPrairie Highest Ranking Workforce and Execution Management Solution Provider

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RedPrairie Named a Top Retail Software Provider in RIS News Annual Leaderboard Rankings

Forthcoming handheld data terminal from Nordic ID to revolutionise archiving

5 Forthcoming handheld data terminal from Nordic ID to revolutionise archiving

Nordic ID has announced the development of a new dual-mode handheld terminal designed to revolutionise the archiving of books and other physical recorded data.

Vocollect voice-based applications available for third-party devices

6 Vocollect voice-based applications available for third-party devices

Vocollect has announced successful collaboration with two leading handheld and wearable device suppliers

Honeywell Completes Acquisition of HHP

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Honeywell recently announced it has completed the acquisition of Hand Held Products, Inc. for approximately $390 million

Motorola redefines customer service with associate-level voice-enabled wireless scanner

8 Motorola redefines customer service with associate-level voice-enabled wireless scanner

The enterprise mobility business of Motorola, Inc. has announced the new CA50, a voice over Internet protocol (VoIP)-enabled wireless scanner

Vp Group boosts customer service with integrated PDA solution

9 Vp Group boosts customer service with integrated PDA solution

Leading equipment hire organisation Vp Group has implemented real-time mobile management solutions from Masternaut Three X for its Groundforce division

Psion Teklogix signs Varlink

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As part of a major overhaul of its UK channel strategy, Psion Teklogix UK has appointed York-based Varlink as distributor for its range of mobile terminals.

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.

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