Retail supply chain management is the process of managing a broad range of activities necessary to plan, control, and execute the product flow for the retail industry. It includes every step, including product conception, production, and delivery to putting the product in the hands of the final customer. Supply chain management software, or SCM software, can improve the way you do business by providing real-time data regarding chain transactions, inventory, and supplier relationships.
Good supplier relationship management creates efficiencies, lowers costs, and raises profits. Quality vendor management software enables companies to manage demand, optimize inventory levels, deal with disruptions, and meet customer demand.
To be competitive in the razor-thin-margin retail arena, retailers must be efficient. Supply management software helps retailers ensure their supply chains are optimized to relieve bottlenecks and provide a path to growth and success.
The retail supply chain differs from other industries because of the fast-moving nature of its products. It has to be closely monitored to assure the continuous movement of materials in the most streamlined and cost-effective way possible. Retail sourcing management software helps these efforts.
Retail order management today needs to be able to process orders across channels and improve sell-through. It’s important to be able to see inventory in real time, to have the ability to report across all channels, and to fulfill orders from any location.
CBX Software can help implement retail supply chain management software that will improve vendor relationship management and cut expenses where possible. Our team of PLM software vendors is well equipped to work with your business and present viable solutions to your company’s most urgent problems. If you’re interested in learning more about how CBX can seamlessly integrate into your current workflow or have any questions about our software, reach out to us. We look forward to working with you and helping your company achieve its true potential.