Facing challenges like the proliferation of customer choice,s to demands for same-day and next-day delivery, to the Amazon effect, more retailers are using DOM to manage their omni- and multi-channel operations.
Fast-forward to and retailers are using a combination of store, vendor-based and DC fulfillment—all of which come together to create one big, multi-node facility. To support this evolution, Dongre says DOM must evolve into a more comprehensive solution that incorporates high levels of visibility across the entire network, including the activities of the various vendors that drop-ship orders to end users.
Stores and Distribution Management
The solutions will also need to handle inventory rebalancing, or the movement of inventory to the right locations and according to demand; dynamic orchestration which answers the question: Where is the best place for us to fulfill from? A workhorse of the typical DC or warehouse, WMS controls the movement and storage of materials within those facilities.
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Warehouse execution systems WES manage inventory records and materials handling equipment within the facility. Together, these two software platforms continue to play a significant role in the typical retail supply chain.
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This allows retailers to prioritize tasks and optimize those tasks on the fly. For retailers, WES also provides insurance for technology purchased from vendors that either get acquired by another company or go out of business.
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Expect to see more retailers jumping on the autonomous robot bandwagon in , says Klappich, as vendors like Fetch, Otto, IAM Robotics and Locus find ways to build affordable robots that meet the needs of small to mid-sized retailers. With applications that range from simple text notifications to instructions on how to perform a life-threatening surgical procedure—and everything in between—augmented reality AR is coming into focus in the retail supply chain.
Using an existing, natural environment, AR basically overlays virtual information on top of that environment to help users experience a new and improved world where virtual information is used as a tool to provide assistance in everyday activities.
Using AR, for example, supervisors will be able to project visual cues and instructions to workers as they are performing their picking tasks, such as an arrow pointing to the next location or the next pick, or a specific quantity to pick at a certain location. Blockchain, which is the underpinning technology that maintains the Bitcoin transaction ledger, could play a key role in the retail supply chain in the near future. Topics addressed include storage systems and administration, physical and mechanical handling, distribution and management, and the application of technology and e-Commerce.
Stores and Distribution Management brings together all the latest theory and practice. It is specifically designed to cover the latest syllabi for Chartered Institute of Purchasing and Supply, and professional level courses in Stores Management and Inventory Control.
Stockyards Physical Management of Stores Management: To contact him, email raycarter dpss. Stuart Emmett is chief executive of Learn and Change.
To contact him, email stuart learnandchange.