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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Coastal Pet Products futureproofs warehouse with Indigo WMS

1 Coastal Pet Products futureproofs warehouse with Indigo WMS

Ohio based Coastal Pet Products has been making restraints for pets since it was founded by Jim Stout (Chairman) in 1968, led by Kim Stout (President) today.

Loss prevention solutions in greater demand as shoplifting levels rise by a third

2 Loss prevention solutions in greater demand as shoplifting levels rise by a third

Shoplifting in the UK is spiraling out of control with organised retail crime (ORC) being a major factor in rising theft levels and retailers struggling to detect shoplifters.

Transforming Warehouse Operations: How LumperHQ.com Rescued a Struggling Business

3 Transforming Warehouse Operations: How LumperHQ.com Rescued a Struggling Business

In the world of logistics, the efficient movement of goods is paramount. For warehouses, the process of unloading containers is a crucial, albeit labour-intensive, task. Many warehouses struggle to find reliable labour to perform this job efficiently, and the cost of manual unloading can be a significant burden. However, one warehouse faced with these challenges found a remarkable solution that turned their fortunes around – LumperHQ.com.

Manhattan Associates transforms retail returns

4 Manhattan Associates transforms retail returns

Manhattan Associates Inc. has announced enhanced Returns Management capabilities to streamline and optimise the returns process, and deliver a frictionless experience for both consumers and retailers.

How retailers can make the most of the annual shopping events

5 How retailers can make the most of the annual shopping events

By Nathan Lomax, co-founder and director, Quickfire Digital.

Black Friday. Singles Day. Cyber Monday. Amazon Prime Day. White Friday. El Buen Fin.

UK shoppers’ blended trust for product recommendation sources prompts need for cross-channel ads

6 UK shoppers’ blended trust for product recommendation sources prompts need for cross-channel ads

With UK shoppers now demanding more ‘blended’ product recommendations, both from traditional ad channels, as well as from brands and retailers they already trust, retail businesses will need to evolve their channel-mix for consumer engagement, the latest research from ADvendio, the omnichannel advertising solution provider, suggests.

From share of wallet to “share of life” with reverse logistics

7 From share of wallet to “share of life” with reverse logistics

By Mattias Gredenhag, CTO, nShift.

Reverse logistics can be a costly and complex process for retailers. Shipping, handling, and processing returned items can lead to increased costs and management overheads. Furthermore, managing reverse logistics can be a complex task, especially for ecommerce businesses that operate across multiple channels and locations.

Network tokenisation to facilitate 85% of all global e-commerce transactions by 2028

8 Network tokenisation to facilitate 85% of all global e-commerce transactions by 2028

A new study by Juniper Research forecasts substantial growth of 190% in network-tokenised transactions; reaching 400 billion globally in 2028, up from 140.3 billion in 2023.

PacSun elevates shopping experience with Manhattan Active Point of Sale

9 PacSun elevates shopping experience with Manhattan Active Point of Sale

Manhattan Associates Inc has announced that PacSun, the specialty retailer of emerging youth brands and trending fashion, has selected Manhattan Active Point of Sale to enhance its omnichannel sales strategy and deliver a seamless, unified customer shopping experience.

How to unlock the value of data-driven logistics

10 How to unlock the value of data-driven logistics

By Stephan Sieber, CEO, Transporeon. 

The ability to tap into data is critical to business success - from predicting sales trends to improving operations and customer service. This gives companies the insights they need to outperform the competition, and today’s business leaders clearly recognise the value of data.

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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