Author: Multidev Technologies

retail budgeting

5 Store Budgeting KPIs to Keep You On Target

When it comes to store budgeting, keeping an eye on key performance indicators (KPIs) is essential. Knowing where you stand on your own performance indicators daily will help your stores stay on target so...

real-time inventory

How Real-Time Inventory Monitoring Saves Retailers Money

Real-time inventory monitoring is a key feature of the ChainDrive E-commerce Gateway. But what are the benefits of this monitoring? In a word, it saves retailers money. Here are 6 powerful ways you can...

web order fulfillment

5 Ways to Fulfill Web Orders

If you’re just getting started on your online retail venture, you might be wondering what is the best way to handle web order fulfillment. There are some effective ways and not-so-effective ways. Here are...

home decor retail

5 Essential Factors of Cross-Channel Home Decor Retail

Home decor retailers have discovered cross-channel sales. That’s a good thing too, because everyone who does retail today is implementing cross-channel marketing initiatives and sales processes. It’s so essential to modern-day retailing that if...

warehouse management

6 Essentials of Effective Retail Warehouses

To manage your retail product warehouse effectively, there are several essential items you need. Here are six absolutely necessary items for an effective, efficient retail chain warehouse: Layout map – Let’s start with how...

product management

6 Realities of Managing Products That Can’t Be Ignored

Every retailer anywhere in the world has to grapple with managing products. Each retail operation is different, so there may be different techniques and different methods of managing these four aspects of your inventory,...

retail operations

7 Ways to Improve Your Retail Operations

With the Internet making the world smaller, competition in retail is becoming increasingly fierce. Today, we’ll focus on seven ways you can improve your retail operations regardless of the retail sector you serve. Increase...

jewelry retail

4 Way Jewelers Can Run a More Efficient Operation

Jewelers have a tough task. Besides being retailers, they’re also in the business of creating new products, appraising precious jewels, and making people happy. Here are four ways to be more efficient at running...

retail product life cycle

The Beauty of Centralized Product Management

Centralized product management allows you to manage your inventory efficiently, effectively, and profitably. Here are 5 ways centralized product management is better for your retail chain. Real-time inventory status – With centralized product management,...

retail merchandise

4 Types of Retail Merchandise

Retail merchandise is generally categorized into four different types, or classes. Chances are, as a retailer, you specialize in one of these four classes. But you needn’t merchandise your store only with one type...

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