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PLM for the Retail Industry
PLM for the Retail Industry
Product Lifecycle Management (PLM) for Retail is an evaluation model containing tailored PLM criteria and extra functionalities that serve the specificities of this industry in order to help fas...
 

 retail definition


Retail Systems: A Primer
The core components of a retail information system are inventory management, inventory optimization, revenue management, sales management, and reports and

retail definition  or security-oriented. Therefore, customizing retail systems according to the functionality required by different verticals is a common task for MMS vendors. Core Area Definition Categorizing the requirements of various types of retailers into five main areas will aid in the understanding of the components of a merchandising system. The following categories can be considered as the core or must have areas of a retail system. Inventory management Inventory optimization Revenue management Sales management

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Product Development and Portfolio Management RFI/RFP Template

Corporate Objectives Definition, Portfolio Definition, Product Investment, Product Investment Scoring, Portfolio Balancing, Product Investment Monitoring, Application Technology Get this template

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PLM for the Retail Industry
PLM for the Retail Industry
Product Lifecycle Management (PLM) for Retail is an evaluation model containing tailored PLM criteria and extra functionalities that serve the specificities of this industry in order to help fas...

Documents related to » retail definition

Challenges of the Future: The Rebirth of Small Independent Retail in America


By any measure, retailers are overwhelming small businesses. More than 95 percent of all retailers have only one store. Almost 90 percent have sales less than $2.5 million (USD), and more than 98 percent have fewer than 100 employees. To compete, small businesses need to be innovative, and understand both personalization and value, and how to execute best practices to build success.

retail definition  of The North American Retail Dealers Association. On spotting trends We've gone the full service route. In electronics, we've been very aggressive in selling the high definition products for several years. We jumped on the bandwagon immediately before the box stores. That set us apart and set us up as we call it ?the digital destination.' When the high definition sets became available they were on the market before the broadcast signals. But we had a generator that simulated the high definition pictures Read More

Pervasive Retail Business Intelligence: Optimize Internal Performance for External Market Agility


Best-in-class retailers are turning to pervasive business intelligence (BI) to increase consumer-centric data accessibility. This report examines how retailers are incorporating BI tools into their standard processes to establish a company-wide view into constantly changing customer buying trends, and how internal departments are using this data to make processes more efficient and effective throughout the enterprise.

retail definition  Retail Business Intelligence: Optimize Internal Performance for External Market Agility Best-in-class retailers are turning to pervasive business intelligence (BI) to increase consumer-centric data accessibility. This report examines how retailers are incorporating BI tools into their standard processes to establish a company-wide view into constantly changing customer buying trends, and how internal departments are using this data to make processes more efficient and effective throughout the Read More

JDA Portfolio: For the Retail Industry Part Four: More JDA Portfolio 2004.1 and Microsoft Alliance


JDA Portfolio 2004.1products have been developed or acquired by JDA in order to present customers with an enterprise offering that might currently be the broadest, most functional set of industry leading retail demand chain software solutions available to retailers and their suppliers.

retail definition  Portfolio: For the Retail Industry Part Four: More JDA Portfolio 2004.1 and Microsoft Alliance JDA Portfolio 2004.1 Components (continued) JDA Software Group Inc. (NASDAQ: JDAS), a prominent global provider of integrated software and professional services for the retail demand chain and over 4,600 customers, plans to build upon the collective JDA Portfolio to enable its customers to achieve a new level of operational excellence. The vendor plans to establish this capability as a defining and Read More

Lawson Software-IPO and Several Acquisitions After Part Two: Retail and Professional Service Initiatives


Lawson is sticking to its focus on selected vertical markets, but going forward the tenets of that focus will likely be more finely tuned. Namely, the vendor has lately accelerated development, in part through a number of appetizing acquisitions, of its traditional vertical functionality to ensure continued success in its target industries.

retail definition  grocery and hard line retail sectors, specifically those sectors with complex product/item definition and rapid inventory management. The assets acquired included all software applications, related trademarks and technologies for a price in the range of 5 million pounds sterling. Armature's corporate office was in Leeds, UK, and the company had fifty-four employees. The former Armature product suite has been integrated with Lawson Solutions for Retail, and the new solutions have been renamed Lawson Mercha Read More

Labor Planning and Budgeting for Retail Workforce Agility


An optimal workforce creates a shopping experience that is profitable for retailers and satisfying for customers. However, for many retailers, achieving optimal workforce supply across large and distributed operations is hampered by cumbersome and inaccurate labor budgeting and planning efforts. Learn about planning and budgeting techniques, and workforce management solutions that can help your workforce stay agile.

retail definition  Planning and Budgeting for Retail Workforce Agility An optimal workforce creates a shopping experience that is profitable for retailers and satisfying for customers. However, for many retailers, achieving optimal workforce supply across large and distributed operations is hampered by cumbersome and inaccurate labor budgeting and planning efforts. Learn about planning and budgeting techniques, and workforce management solutions that can help your workforce stay agile. Read More

Junction Solutions to Implement Microsoft Dynamics AX for Retail at Pet Supplies Plus


A leading retailer of pet food, pet products, and pet supplies selects Junction Solutions to implement Microsoft Dynamics AX for Retail.

retail definition  Microsoft Dynamics AX for Retail at Pet Supplies Plus Pet Supplies Plus, a leading retailer of pet food, pet products, and pet supplies headquartered in Livonia, Michigan, recently selected Junction Solutions to implement Microsoft Dynamics AX for Retail . With more than 300 locations in 24 eastern states, and having earned the reputation as America’s Favorite Neighborhood Pet Store, the retailer intends to standardize business processes and support business growth. Additionally, the integrated Read More

Retail Today: Understand. Anticipate. Inspire.


Today more than ever, retailers are faced with the challenges of selling locally while competing globally. To be successful, they must provide a shopping experience that inspires customer loyalty. Retailers that understand their customers’ shopping habits can build strategic global supply chains that anticipate demand. One way to achieve this is with a scalable technology platform based on industry standards.

retail definition  Adobe Reader. SAP for Retail gives retailers of all sizes the power they need to make the right decisions quickly and profitably – the power it takes to create shopping experiences that motivate their customers to return again and again. Source : SAP Resources Related to Retail : Retail (Wikipedia) Retail Today: Understand. Anticipate. Inspire. Retail is also known as : Retailing , Online Retailing , Retail Merchandise Planning , Retail Merchandising , Merchandise Planning Process , Merchandise , Read More

A Retail Sourcing Suite Built on Experience


Eqos's mission is to become the leading provider of global sourcing and supplier management solutions for the retail supply chain worldwide. Today, Eqos supports some of the world's top retailers, hosting thousands of users and enabling their collaboration with as many suppliers.

retail definition  Retail Sourcing Suite Built on Experience Eqos 's valuable engagement-based experiences discussed in the previous part of this series (please see One Vendor's Quest to Garner a Global Sourcing Ecosystem ) were parlayed into the 2006 launch of Eqos 3.0 and the more recent launch of Eqos 4.0 in May 2007. Eqos's Web-based applications help retailers streamline and scale their sourcing operations by allowing every member in the supply chain—whether located in Boston (US), Pretoria (South Africa), or Read More

New Realities of Retail Workforce Management: Myths versus Facts


With an economic recovery underway, retailers are leveraging workforce management (WFM) tools to help them address their most pressing needs—cost reduction, return on investment (ROI), and measurably improved performance—while instilling practices that will serve them tomorrow and beyond. Find out how market leaders are leveraging the considerable benefits of WFM systems to gain a significant competitive advantage.

retail definition  Realities of Retail Workforce Management: Myths versus Facts With an economic recovery underway, retailers are leveraging workforce management (WFM) tools to help them address their most pressing needs—cost reduction, return on investment (ROI), and measurably improved performance—while instilling practices that will serve them tomorrow and beyond. Find out how market leaders are leveraging the considerable benefits of WFM systems to gain a significant competitive advantage. Read More

Logility Acquires MID Retail


Logility recently acquired privately-held MID Retail, Inc., an Indianapolis-based provider of retail allocation and merchandise planning solutions. MID Retail’s products will be integrated into the Logility Voyager Solutions suite and rebranded under Voyager Retail Optimization.

retail definition  Acquires MID Retail Logility recently acquired privately-held MID Retail, Inc. , an Indianapolis-based provider of retail allocation and merchandise planning solutions. MID Retail has been a longstanding member of the National Retail Federation (NRF) and is well recognized in the allocation and merchandise planning space. Its technology helps retailers synchronize merchandise financial plans with customer demand at each retail location to improve in-stock performance, profitably allocate Read More

PTC Updates Its Retail PLM Solution


Contrary to its archrivals, Dassault Systèmes and Siemens PLM Software, PTC targets various lines of business (e.g., engineering, service, manufacturing, sourcing/supply chain, etc.) with its product portfolio rather than via dedicated vertical industry teams and offerings. One exception would be retail, where PTC has, for about a decade (after the Aptavis Technology acquisition in 2005), been

retail definition  Updates Its Retail PLM Solution Contrary to its archrivals, Dassault Systèmes and Siemens PLM Software , PTC targets various lines of business (e.g., engineering, service, manufacturing, sourcing/supply chain, etc.) with its product portfolio rather than via dedicated vertical industry teams and offerings. One exception would be retail, where PTC has, for about a decade (after the Aptavis Technology acquisition in 2005), been offering an astute product lifecycle management (PLM) and supply chain Read More

Retail Market Dynamics for Software Vendors Part Two: Progress


ERP vendors are making their way into the retail market by bundling, acquiring point solutions or partnering strategically to embed retail-specific functions within their suites. Like in all other enterprise applications markets, eventually, albeit not any time soon, the retail market too will come to a showdown between the pure retail vendors and the enterprise application vendors (e.g., Oracle, SAP, Lawson, PeopleSoft, SSA Global, Geac, Intentia, etc.), which have been striving to natively embed more retail-specific capability into their products.

retail definition  Software Product Groupings for Retail Part One of this note described the distinct software requirements of retail enterprises, retail stores, and suppliers to the retail industry. Aspiring software vendors offer some or most of the following groupings of products: 1) As the modern retail enterprise is required to rapidly collect, organize, distribute, analyze, and optimize information throughout its organization, retail enterprise systems include corporate level merchandise management systems that Read More

Retail Merchandising Showdown! Lawson Software vs. Epicor vs. Aldata Solution


Using our Merchandising Evaluation Center, we compared Lawson Retail Operations Management, Epicor CRS Merchandising, and Aldata G.O.L.D. head on. For the overall rankings portion, we looked at these vendor solutions in two basic configurations: with and without POS functionality. To eliminate any chance of bias, and to ensure a level playing field, all 3,072 criteria comprising all the modules and submodules in the merchandising request for information (RFI) were given equal weight and priority…

retail definition  Epicor vs. Aldata Solution Retail Merchandising Showdown! Lawson vs. Epicor/CRS vs. Aldata I'm Larry Blitz, editor of Technology Evaluation Centers’ (TEC) Vendor Showdown series. Welcome to another in our ongoing series of enterprise software Showdowns. Today's Showdown compares merchandising solutions from Lawson Software , Epicor , and Aldata Solution , head to head. We hope you find this Showdown helpful and informative, and invite your comments and questions at Read More