After selecting the right products to create a compelling merchandise offer, retailers need to get the goods to stores, and make sure they stay in stock. The Retail Directions Platform includes a comprehensive set of tools to handle procurement, distribute stock to the stores, minimise out of stocks and maximise sales opportunities.
The Purchase Ordering module initiates the flow within the supply chain by allowing users to create and maintain purchase orders for all types of merchandise, using a range of delivery options. Orders can be shipped directly to stores or warehouses, cross-docked or designated for break-bulk. Multiple destinations can be covered with a single purchase order. If necessary, orders can be re-directed.
The Purchase Order facility within the Platform includes workbench-style display, calculated ETA dates based on transit times, delivery booking management, automatic order closure based on acceptable tolerances, order quantities derived from size curve analysis, links to production and marketing events, advanced lifecycle management, multiple pivoting views, and more.
Stock can be received into warehouses or directly into stores. Stock arriving at a warehouse can be put away, cross-docked or handled through a break-bulk procedure. Cross docking allows for carton-level trans-shipments, with stock moving directly from the receiving area to warehouse dispatch. When processing break-bulk deliveries, the stock is received into a staging area where it is split by store and moved directly to the dispatch area.
In addition to sourcing from suppliers, Retail Directions Platform also supports stock redistribution, with computer-generated stock movement recommendations that are based on sales forecasts and the current stock holdings in stores.
The entire supply chain is enabled to use SSCCs and unit loads, minimising the need to handle stock at SKU level.
Retail Directions Platform provides accurate control and full visibility of stock across all channels in real-time. By contrast, many retailers who don’t use our Platform report inaccurate inventory levels and no live visibility.
The Retail Directions Platform captures all types of stock movements and adjustments, providing live, SKU-level inventory balances in stores and at a bin level within warehouses. It provides tools for stocktaking, allowing for partial and full facility stock takes. Stock takes can be conducted using handheld wireless devices.
All stock transactions are regularly summarised and encoded for posting to the General Ledger.
Retail Directions Advanced Warehouse Management System (AWMS) provides all the functionality you need to run an efficient warehouse operation within a retail or wholesale environment, including automatic store replenishment, customer order fulfillment and trans-shipments between stores. AWMS can handle hundreds of thousands of SKUs, controlling all stock movements via wireless hand-held devices.
Running your own warehouse can have a significant positive effect on your bottom line, compared to outsourcing this critical part of retail operations to third party operators or attempting to supply stores directly from manufacturers. With AWMS this can be achieved quite easily, thanks to its full integration with the rest of the Retail Directions Platform.
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