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Robotic Process Automation in Retail Industry

RPA in SCM in Retail

Robotic Process Automation can offers a business competitive edge which can enable to move miles ahead of competition.
One of the challenge for a retail operation is to ensuring that replenishment of merchandising.

How to ensure that stores are adequately stocked? i.e. no Under stocking, no Over stocking, Right stocking.

This is done by merchandising / warehouse/ logistics team by:

Beside these challenges there are more challenges which impact the replenishment process:

For a company which is spread across country, operating 100s of stores, to manually do this operation is quite daunting. There is a method in this madness.

This requires a good amount of labor and time.

WHATIF you can have a system which can do the following:

To create this system you will need data. Tons of historical data pertaining to sales at individual stores, warehouse.

Let’s assume you have a such system. Can your internal audit review the same and give assurance that its working properly?

Call for action:
Inputs/ comments/ suggestion: I welcome inputs/ comments / suggestions from readers on how to approach this issue. Feel free to correct me, educate me.
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(Disclaimer: The views expressed constitute the opinion of the author and the author alone; they do not represent the views and opinions of the author ’s employers, supervisors, nor do they represent the view of organizations, businesses or institutions the author is, or has been a part of.)

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