Showing posts with label retail. Show all posts
Showing posts with label retail. Show all posts

Thursday, September 17, 2009

How WMS helps reduce Retail out-of-stocks?

http://www.logismarket.co.uk/ip/tmware-warehouse-management-system-warehouse-management-system-363389-FGR.jpg

[Source: www.logismarket.co.uk]


"Could we not largely solve the out-of-stock problem by leveraging these under-utilized devices and adding a type of task management system, maybe morphed from a WMS, to direct workers to get product on the shelves?

What it would take is:

  • A perpetual inventory (PI) system at the store level (largely in place);
  • A basic inventory location system in the back room (sometimes in place);
  • Wireless terminals (largely in place); and
  • The task management engine, integrated with the other pieces (or maybe all from one source).

Retailer Target said early on in the RFID saga that it has a light form of this – its system generates a type of “pick list” for shelf replenishment, based on POS. But that is a paper-based system, and not really capable of dealing at a specific task level (or so I think – haven’t really seen it).

Pretty simple – the PI says a location needs replenished (at whatever level is set for that SKU), and a specific task is set for the move. It goes into the queue, and is prioritized based on other variables (just for example, perhaps high-margin items generally go to the top of the queue); if more units of that SKU are sold, meaning it is increasingly in danger of going to zero at the shelf, the task rises in the queue.

Stock personnel don’t have to wonder what to do – their terminal tells them exactly what to do, and they confirm it is done electronically. By the way, they could be asked to do a cycle count when they do the shelf replenishment. If they see an empty shelf or peg, they could also do a cycle count, and/or check to see if a replenishment is on the way."

Saturday, September 12, 2009

Walmart.com = Amazon.com ?

[Source: www.retailwire.com]

"It used to be wondered aloud if Amazon.com would someday become the Wal-Mart of the internet. While it has become very successful, it's hard to argue that Amazon has achieved the same level of dominance in e-tailing as Wal-Mart has in the world of brick and mortar stores. To further complicate matters, it now appears that walmart.com wants very much to be the Wal-Mart of the internet and has launched a new service that encroaches on territory that Amazon has occupied until now.

Walmart Marketplace offers items from other sellers for purchase through walmart.com. The items sold through the site, a la Amazon, are shipped by partner merchants who also handle returns. It allows walmart.com to expand its offerings and generate revenue without significantly adding to its cost structure.


While Amazon and eBay are notable for expanding product offerings through partner merchants, they are not alone. Sears.com, for example, sells auto parts from the Whitney Auto Group through its site. Overstock and Buy.com also offer third-party services."