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Retail Merchandise Planning & Seasonal Sports Forecast in the Fast Lane
Merchandise planning is the process conducted by wholesalers and retailers to ensure that the right product is available to the consumer at the right time, store location, quantity and price. This complex process involves selecting the products the retailer will carry according to seasonality and determining the purchase quantities of these products. Merchandising in the […]
Why OTB is Effective Retail Planning?
Retail operations managers can’t run their businesses on jet fuel and flying by the seat of their pants. To be profitable, you’ve got to be effective at the nuts and bolts of the operation, and that requires planning. Open-to-buy (OTB) is retail’s model for effective long-term planning with the right OTB software. Here are eight […]
How to Turn a Rough Stone into a VVS1 Jewelry Business?
Managing a jewelry store or a fast-growing retail operation is already a daunting task when you don’t have a smart jewelry business software system to tame the day to day operations; let alone coping with the changing dynamics of consumer trends and markets in the disruptive times. Despite the plummeting jewelry sales during the first period […]
Lighten your Retail Warehouse Operations Processes with ChainDrive Warehouse Management System (WMS)
What is a warehouse management system software? A warehouse management system (WMS) is a software application that helps support and manage the day-to-day operations in a warehouse. WMS software controls inventory receiving and put-away, optimizes picking and shipping of orders and guides on inventory replenishment. Types of warehouse management systems? Warehouse management systems can be […]
Optical Retailers Eye New Consumer Behaviors & Post-Pandemic Shifts with Confidence
According to the latest market research reports, the eyewear market size is expected to reach USD 178.95 Billion by 2026; owing to increasing cases of deteriorating eye health and trend-setting launch of eyewear products by the manufacturers across the globe. Furthermore, Fortune Business Insights, in its latest report, titled “Eyewear Market Size, Share & Industry […]
The Knots & Bolts of Retail Merchandising Software Unplugged
“Advertising moves people toward goods; merchandising moves goods toward people.” According to Morris Hite (American Advertising Expert). Modern retailing, shopping and omnichannel commerce at large are increasingly complex to depend on soft skills, retail experience or best practices only. There is a cutthroat competition among retailers, wholesalers, fast fashion manufacturers from the Far East, distributors, […]
Top 10 X Factors to Consider in Your Search for The Best Mobile Point of Sale Software
What is a mobile point of sale? Mobile point of sale (mPOS) is a portable point of sale on a smartphone, tablet or dedicated wireless device that performs functions as a cash register or electronic POS terminal. A mobile POS system is an ideal way for retail and wholesale businesses to take credit card payments […]