Retail Supply Chain Management

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.

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One in three retail workers holding out for redundancy before switching careers

One in three retail workers holding out for redundancy before switching careers

34% of retail workers in the UK are waiting to be made redundant before switching careers, according to a survey released by professional training provider Learning People.

2 in 5 data-driven initiatives are failing in the retail industry, with 43 per cent of failures due to a skills shortage

2 in 5 data-driven initiatives are failing in the retail industry, with 43 per cent of failures due to a skills shortage

New research by Exasol, the analytic database provider, has found that almost half of data-driven initiatives are failing in retail organisations.

Demand forecasting for retailers: the benefits of AI

Demand forecasting for retailers: the benefits of AI

By Arnaud Gauthier, President & Chief Customer Officer, EMEA at Symphony RetailAI.

The ability to quickly and accurately anticipate demand is essential for those who want to remain competitive in the retail industry, where even the slightest variation in production volume, distribution networks, or just the weather can have an immense impact on turnover. Increasingly, technology such as Artificial Intelligence (AI) is being adopted by the world’s major retailers to enable them to better aggregate and process huge data sets to predict trends or anomalies which will affect demand.

74% of UK retailers do not correctly attribute footfall to digital spend

74% of UK retailers do not correctly attribute footfall to digital spend

Most UK brands are unsure of the actual impact digital marketing spend is having on visits to their own bricks and mortar stores.

Record numbers of High Street stores close as Debenhams falters and ASOS’ profits plummet – There's only one solution, says ParcelHero

Record numbers of High Street stores close as Debenhams falters and ASOS’ profits plummet – There's only one solution, says ParcelHero

Retail has been hit by a perfect storm, says the home delivery expert ParcelHero. New figures from PwC reveal 5,853 shops closed last year, and embattled Debenhams has placed itself in receivership as it fights against the onslaught of e-commerce. But with ASOS’ profits tumbling nearly 90%, online retailers are also struggling.

Smart packaging counteracting the lost moment of truth

Smart packaging counteracting the lost moment of truth

In the new report "Smart Packaging 2019-2029", IDTechEx Research finds that electronic smart packaging will become a $1.8 Billion market in 2029.

How Polish B2B companies buy and sell online – Survey and report

How Polish B2B companies buy and sell online – Survey and report

How many Polish companies sell and buy products online? What are their sales channels? How do they search for clients and business partners?

Tech partnership set to bring greater transparency to UK eCommerce

Tech partnership set to bring greater transparency to UK eCommerce

A new tie-up between digital design agency, Sigma, and two leading eCommerce companies – Storm and InRiver – is aiming to deliver best-in-class eCommerce capability, while fostering a greater degree of responsibility, transparency and inclusivity in online customer experience.

85% of UK consumers prefer to shop in store

85% of UK consumers prefer to shop in store

High street retailers must be savvy with omnichannel technological integration in order to survive in the digital age, new research has warned.

A survey of 1,056 UK adults carried out by digital marketing agency, Marketingsignals.com, revealed that 85% of people still prefer to physically purchase products in store, despite the convenience offered by online shopping.

Capgemini to enter into alliance partnership with Autodesk for the deployment of a comprehensive BIM platform

Capgemini to enter into alliance partnership with Autodesk for the deployment of a comprehensive BIM platform

Capgemini will enter into a new partnership agreement with Autodesk, a major player in 3D design, engineering, construction and entertainment software, to deploy ReflectIoD, a new cloud-enabled and secure digital twin platform.

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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