New data from Pitney Bowes Inc reveals that UK parcel volumes have declined for the first time in more than a decade.
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.
Pitney Bowes Parcel Shipping Index finds UK deliveries drop for the first time in a decade
Aug 14, 2023
Summer’s fashion fail: is sales slump due to returns crackdown or have designers lost their flair?
Aug 02, 2023
Retailers might be celebrating a successful June, with sales up 0.7% in both value and volume, but one sector conspicuously failed to follow the trend, says the home delivery company ParcelHero.
Urgent Services uses Inseego video telematics solution to achieve safety and delivery benefits
Aug 01, 2023
Urgent Services, a London-based provider of same-day delivery and courier services, is using a connected multi-camera system from Inseego to improve road safety, reduce operational costs and better protect its reputation. The video telematics solution has provided added visibility and support to both drivers and office-based managers.
Competition between suppliers intensifies as mobile self-scanning takes off
Jul 27, 2023
A new study by RBR Data Services, a division of Datos Insights, shows that the mobile self-scanning market is increasingly competitive, with around 50 different software suppliers working closely with major retailers.
Keeping up with inflationary pressures and fluctuating consumer habits
Jul 26, 2023
Manhattan Associates comments on how retailers can adapt against a backdrop of instability.The cost-of-living crisis, amplified by inflation and higher interest rates, has provided a difficult environment for both retailers and consumers alike in the UK.
Why FMCG supply chains are all about balance
Jul 26, 2023
By Tim Bruun, Head of Customer Management - Retail & FMCG at Transporeon.
Transporting day to day goods like food and toiletries has always come with challenges and pressures and having items that are daily necessities for millions of people around the world and must be available at all times is a given. I’m sure we all remember the drama when toilet roll shortages swept across Europe during the height of the pandemic.
Why FMCG supply chains are all about balance
Jul 18, 2023
By Tim Bruun, Head of Customer Management - Retail & FMCG at Transporeon.
Transporting day-to-day goods such as food and toiletries has always come with challenges and pressures and having items that are daily necessities for millions of people around the world and must be available at all times is a given. I’m sure we all remember the drama when toilet roll shortages swept across Europe during the height of the pandemic.
The dynamics of sustainable supply chain planning
Jul 12, 2023
Supply chain planning has huge potential to reduce the environmental impact of production and transportation, and supply chain solutions play a pivotal role in making this happen. Carlijn Goedhart, Sustainability Lead at DELMIA take a closer look at the dynamics of sustainable supply chain planning and the impact it can have on the world.
magLabs relaunches its seamless workflow tool as Larch
Jul 11, 2023
magLabs has rebranded and relaunched its seamless workflow tool as Larch. Larch, previously known as MYBRANDSTREAM, is a cloud-based marketing operations platform that is claimed to simplify project management and facilitates collaboration to deliver retail and brand-based marketing projects.
Achieving supply chain sustainability: the whys and hows
Jul 10, 2023
By James Humphreys, specialist at Katana ERP
Businesses are placing more emphasis on reducing their environmental impact and embracing ethical responsibility. Supply chain sustainability is a critical component of this effort. In this article, we’ll explore the importance of sustainability and examine how companies are integrating it into their supply chains.
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.
