Current Supply Chain Challenges In The Retail Industry

Table of ContentTable of Contents………………………………………………………………………………….2Abstract……………………………………………………………………………………………3Introduction………………………………………………………………………………………..3Literature review…………………………………………………………………………………..4Trends and strategies in logistics………………………………………………………….4Supply chain strategies……………………………………………………………………5Supply chain management and its effects………………………………………………...6A strategic advantage……………………………………………………………………………..8Efficient Consumer Response (ECR)……………………………………………………………..8Retail transportation……………………………………………………………………………...10The role of logistics in a company’s strategy…………………………………………………...11Green logistics…………………………………………………………………………………...13Supply chain issues faced by retailer...........................................................................................13Best-In-class Capabilities………………………………………………………………………...14A look into the future…………………………………………………………………………….16Supply chain agility……………………………………………………………………………...17Key challenges facing retailers in the supply chain industry…………………………………….18Conclusion…………………………………………………………………………………........20References……………………………………………………………………………………….22 AbstractA supply chain is underperforming if retailers are absent to form the links between the parties and satisfy demand. The consumer would feel the most effects if the retailer is absent from the supply chain because of buying the products off the shelf as opposed to buying directly from the distributors. The purpose of this document is to analyze the challenges faced by retailers in the economic retain supply chain. It also covers the emerging trends in the retail industry, with a special interest on the supply chain management by retailers. Retailing responsibilities, challenges and opportunities for successful and effective trading is also discussed at length. It is of great importance that researchers conduct more research strictly focused on transformations in the retail supply chain such as the quick response, agile, and efficient consumer response supply chains. IntroductionIn today’s increasingly competitive market, retailers emerge as