Tagged: inventory

product and inventory management

Optimize Product Life Cycles With The ChainDrive Matrix

The Merriam-Webster dictionary defines a matrix as something within or from which something else originates, develops, or takes form. This is exactly how ChainDrive’s Product Management software utilizes the power module we call “the...

footwear retail management solution

5 Ways to Make the Most of Your Footwear Retail Management Solution

Footwear retailers have a lot of sole, pardon the pun. If you don’t want customers giving your retail store the boot, however, you’ll need to take great care to manage the operations smoothly. Not...

Web Marketplace

Why Web Order Fulfillment Should Be Fast and Accurate

There are two things that will kill your web orders – inaccuracies and slow speeds. Why Your Web Order Fulfillment Processes Should Be Accurate Customers order what they want. If you get the orders...

price management and retail profits

What Impact Do Prices Have On Profits?

E-book distributor Smashwords has done some studies on e-book pricing, and what they’ve found is that $2.99 is one of the best price points for e-books in any genre, hence the reason that is...

POS optimization

7 Reasons to Optimize Your Point of Sale

Your point of sale (POS) system is one of your retail chain’s most important assets. Optimizing it is essential. Here are seven good reasons you want to optimize your POS for better business. Integrate...

ecommerce solution

5 Principles of eCommerce for Brick-and-Mortar Retailers

If you are a traditional retailer with several brick-and-mortar stores in your chain and you’re ready to go full steam into eCommerce, you might have some questions. One of those questions may be, “What’s...

analytics metrics

What Can Retail Analytics Help You Measure?

It’s important, in the retail business, to be able to measure your progress to determine if your business is successful, profitable, and growing. But what exactly should you measure? Every retail business is different....

retail operations management solution

6 Ways to Synchronize Your Retail Operations

Operations management is one of the most important aspects of retail. You can have great customer service, outstanding merchandising practices, plenty of inventory, buyers who understand your market, and the best point of sale...

retail merchandising solution

5 Signs Your Merchandising Is Out of Control

Every retail chain has its merchandising challenges, but there may be a time in the life of your retail enterprise when merchandising woes reach a level that they are out of control. Here are...

product and inventory management

How Intertwined are Products and Prices?

Many retail organizations have an intimate link between product and price. One particular product has a price range and the product never goes below the minimum or above maximum. Other retailers are more fluid...