Retailing

Written Report in Retailing

Management

(Chapter 10)

Michael Jay Peñaranda

Marleth Santoyo

Sharmaine Baldoza

Mary Jean Belencio

Roqueta Arazo

CREATING STRATEGIC ADVANTAGE THROUGH SUPPLY MANAGEMENT AND INFORMATION SYSTEM

Supply chain management

* Refers to a set of approaches and techniques of firms employ to efficiently and effectively integrated their suppliers, manufacturers, warehouses, stores, and transformation intermediaries to efficiently have the right quantities, at the right locations, at the right time.

Improved Product Availability

* Reduced Stockouts

* Tailored Assortment

Higher Return on Investment

* From retailers’ perspective, an efficient supply chain and information system can improve its return on investment because it increase sales, net profit margins, and assets (inventory turnover).

Strategic Advantage

* Of course, all the retailers strive to increase sales and reduce costs by using high performance information systems and efficient supply chain management. But not all retailers can develop a competitive advantage from their information and supply chain systems.

INFORMATION FLOWS

Data Warehouse

* Purchase data collected at the point of the sale goes into the huge database known as a data warehouse.

Electronic Data Interchange

* Is the computer-to-computer exchange of business documents in a structured format, which means that the data transmissions used a standard format to communicate a data.

* Standards

* Transmission Systems

* Intranet

* Extranet

* Security

* Benefits of EDI

Pull and Push Supply Chain

* A supply chain in which orders for merchandise are generated at the store level of the basis of sales data capture by POS terminals.

THE PHYSICAL FLOW OF MERCHANDISE-LOGISTICS

The physical flow of merchandise within the supply chain

* Merchandise flows from vendor to distribution center.

* Merchandise goes from...