Category: Retail Management Software

OTB planning

How to Calculate OTB

In retail planning, open-to-buy (OTB) is one of the most important concepts to understand. By calculating your OTB you can ensure maximum profitability and keep your inventory management practices on target. Here are the...

integrated accounting

7 Retail Accounting Functions You Should Integrate Today

If your retail operations are going to be profitable and efficient, you need to integrate your accounting procedures into your operations management solution. At a minimum, you should incorporate the following seven accounting functions...

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...

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...

centralized product management

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,...

mobile point of sale

5 Uncanny Features of Mobile Point of Sale

Mobile point of sale is opening up new doors for retailers all across the country. It’s a fascinating new technology that leverages the time of every employee on your staff while empowering your customers...

internal integrated messaging

6 Things to Know About Integrated Messaging

Retailers with integrated messaging run a more efficient operation. They report that staff is better equipped to handle the pressures of retail store operations and that their stores are more profitable. There are more...

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