Retail Supply Chain Management (RSCM)

Retail supply chain management (RSCM) is the process of managing the flow of goods and services from the initial production stage to the final customer. RSCM is essential for retailers to ensure that they have the right products in the right place at the right time. It can also help retailers to reduce costs, improve efficiency, and improve customer service.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.

RSS

Geodis appoints a global head of e-commerce

1 Geodis appoints a global head of e-commerce

Geodis has created a global position for e-commerce with the appointment of Ashwani Nath as Vice-President & Global Head of e-channel solutions. Reporting to Philippe de Carné, Group CCO, Ashwani Nath will be responsible for building and promoting end-to-end e-commerce omni-channel solutions, gathering all existing physical & digital expertise in the company.

Are we reaching an ethical tipping point?

2 Are we reaching an ethical tipping point?

The UK is a nation addicted to fashion, buying five times more clothes today than in the 1980s. But 400,000 tonnes of clothes end up in landfill every year – and there is growing awareness that the way these clothes are produced and discarded is having a massive impact on the environment, from water consumption during production to marine contamination from microfibres.

As younger, more mindful consumers increasingly dominate the fashion customer base, are we at an ethical tipping point, asks Craig Summers, UK Managing Director, Manhattan Associates.

Casual Dining show announces more Keynotes – including Pizza Hut UK’s CEO Jens Hofma & Mowgli founder Nisha Katona

3 Casual Dining show announces more Keynotes – including Pizza Hut UK’s CEO Jens Hofma & Mowgli founder Nisha Katona

Big speaker announcements are coming in fast for next February’s Casual Dining show, as it adds industry leaders and influencers from Mowgli Street Food, Pizza Hut Restaurants UK, The Alchemist Bars & Restaurants, Bill’s Restaurant, and the Soil Association to its high-profile Keynote line-up.

UKFast Network sees 30% Black Friday spike

4 UKFast Network sees 30% Black Friday spike

Traffic to the UKFast network, which hosts thousands of eCommerce websites and booking platforms, has seen a massive 30% increase in web traffic this Black Friday, compared to Black Friday last year.

Peak evolution – will the expanding peak period benefit delivery?

5 Peak evolution – will the expanding peak period benefit delivery?

These days, planning for peak retail season starts the moment the last peak ends. In a bid for continuous improvement retailers and carriers forensically review what went well, which new tactics and technologies worked, which didn’t and where refinements can be made.

Making the case for Transportation Management System….a BluJay Solutions white paper

6 Making the case for Transportation Management System….a BluJay Solutions white paper

In a world where supply chains have become increasingly complex and global in nature, managing with spread-sheets and phone conversations with carriers are no longer viable options

Download this white paper to see how a software as a service (SaaS), multi-tenant transportation management system puts power and efficiency into the hands of any company that wants to cut freight costs, improve visibility, and optimise activity in today’s competitive business environment.

Freshworks and Pitney Bowes bring AI-powered self-service to the frontlines of shipping and mailing

7 Freshworks and Pitney Bowes bring AI-powered self-service to the frontlines of shipping and mailing

Freshworks, the customer engagement software solutions provider, has partnered with Pitney Bowes, a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, and data to integrate Freddy, its recently launched Omnibot Artificial Intelligence (AI) engine with the next generation SendPro C-series device.

Why personalisation means good retail

8 Why personalisation means good retail

Retailers are all chasing a personalisation dream, aiming to tailor in-store and online propositions to ensure their customers feel like they’ve received relevant, impactful, and delightful experiences.

A10 Networks outlines 5G strategy, solutions and roadmap to help mobile carriers

9 A10 Networks outlines 5G strategy, solutions and roadmap to help mobile carriers

A10 Networks, provider of intelligent and automated cybersecurity solutions, has outlined its strategy, solutions, and roadmap to help mobile carriers future-proof their networks for the coming wave of 5G and the demanding new applications, including enhanced Mobile Broadband (eMBB), Ultra-Reliable Low-Latency Communications (URLLC), and Massive Machine Type Communications (MMTC), it will enable

15% of UK shoppers buy from overseas every day

10 15% of UK shoppers buy from overseas every day

British consumers are increasingly turning to overseas retailers for their fashion fix according to research by delivery management company Whistl.

Retail Supply Chain Management

Retail supply chain management (RSCM) is the process of managing the flow of goods, services, and information from suppliers to retailers to consumers. It includes all the activities involved in getting products from the point of origin to the point of sale, such as:

  • Procurement: The process of acquiring raw materials and other inputs needed to produce goods.
  • Manufacturing: The process of converting raw materials into finished goods.
  • Warehousing: The storage of goods until they are needed.
  • Transportation: The movement of goods from one location to another.
  • Inventory management: The process of tracking and managing the levels of goods in stock.
  • Order fulfillment: The process of filling customer orders.

RSCM is important for retailers because it can help them to improve their efficiency, reduce costs, and improve customer service. By optimizing their supply chains, retailers can ensure that they have the right products in the right place at the right time, which can lead to increased sales and profits.

Here are some of the key components of retail supply chain management:

  • Planning: This involves developing a strategy for the supply chain, including setting goals, identifying risks, and developing contingency plans.
  • Sourcing: This involves finding and qualifying suppliers, negotiating contracts, and managing supplier relationships.
  • Manufacturing: This involves managing the production process, ensuring quality, and meeting delivery deadlines.
  • Warehousing: This involves storing goods in a way that minimizes costs and ensures that they are available when needed.
  • Transportation: This involves moving goods from one location to another in a timely and cost-effective manner.
  • Inventory management: This involves tracking the levels of goods in stock and ensuring that there is enough to meet demand without excessive inventory levels.
  • Order fulfillment: This involves receiving customer orders, picking and packing products, and shipping them to customers.

RSCM is a complex and ever-evolving field, but by understanding the key components and best practices, retailers can improve their supply chains and gain a competitive advantage.

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.

Editorial: +44 (0)1892 536363
Publisher: +44 (0)208 440 0372
Subscribe FREE to the weekly E-newsletter