Category: Retail Management Software

price optimization

8 Ways to Ensure Your Prices are Always Accurate

It’s frustrating for a customer to find the product they are looking or at their favorite retail store and see it marked with two different prices, or to get to the point of sale...

wholesale inventory management

Are Wholesalers Retailers Too?

If you’re in the retail business, or wholesale business for that matter, it could be easy to forget that wholesalers and retailers have a lot in common. For instance, both must carry product in...

integrated accounting

5 Necessities for Multi-Retail Accounting

Retailing is no longer a single-brand business. Many retail operations today exist side-by-side with sister retailers. So it makes sense to integrate the accounting practices for each retail business under the same umbrella. The...

retail analytics

5 Keys to Actionable Retail Analytics

Without retail analytics, retailers of any stripe can’t know what’s working and what’s not. With that in mind, ChainDrive offers the following 5 keys to useful, actionable retail analytics. Access to the best business...

retail budgetig

5 Retail Store Budgeting Metrics You Shouldn’t Forget

Store budgeting is one of the most important aspects of retailing. While every retailer is different, all retailers must engage in store budgeting if they want their stores to be profitable. The following five...

open-to-buy planning

5 Step to Better Retail Planning

Weekly, monthly, and seasonal retail planning is a necessary component to profitability. If you do not plan effectively, you could lose money. With the right open-to-buy tool, however, you can get through all of...

How Many Channels Can One Customer Buy Through?

Meet Zoe. She’s a retail shopper. Unlike retail shoppers of previous generations, however, she doesn’t just drive to the store, look around in hopes of seeing what she might want to buy, and then...

manage warehouses efficiently

4 Things Your Warehouse Layout Must Address

How efficient your retail operations warehouse is laid out will determine to a great degree how profitable your retail business is. If warehouse workers can’t find product or maintain an inefficient workflow, it will...

product management

7 Product-Related Metrics You Should Monitor in Real Time

When it comes to managing your products, every retailer can be more efficient and profitable just by monitoring in the real time the following seven necessary metrics: Purchases – Not only should you track...

retail merchandising operations

Improve Merchandising With One Solution

Retailers, online and brick-and-mortar, can improve their merchandising operations just by adding one solution to their operations. Here’s how to make your merchandising practices better. Product lifecycle management – Control your inventory and manage...

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