Discusses how retailers can best deal with a potential issue of a retail downturn.
States that if retailing enters a downturn retailers will need to make the most of
their supply chains in order to safeguard their competitiveness. Reveals that, in
order to realise fully the benefits of supply chain management, retailers will have
to develop end-to-end integration of systems from manufacturers to shop floor which
will reduce costs, improve distribution and inventory management and thus customer
loyalty. Concludes that these advances are essential for all businesses now since
the technology boosted supply chain is a natural area for retailers to increase efficiency
and, potentially, market share.