This would enable retailers to offer more product choices and features across assortments, production activities and sourcing. Retailers would also benefit from the predictability and visibility of product cost elements. Improvements in the global retail supply chain have also enabled players to maximize resources, increase collaboration and communication within the supply chain. Increasing information sharing and integration is also helpful in increasing responsiveness and flexibility to ensure retailers make informed choices. Retailers should also benefit from transparent channels in conjunction with timely and accurate information for retail chain integration. These new processes would help manage and service the retail channel