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Jewelry Inventory Software Upgrades & Migration Tips or How to Shortlist Your Software Pretenders
Precise and complete inventory data may disrupt retail jewelry store operations. Jewelers able to rapidly identify high-selling goods may optimize their profits, but store owners with less experience in smart management tactics might confront more challenges if they rely on natural instincts and inherited practices to cope with inventory complexity and changing business patterns. Poor […]
15 Prime Ways to Boost your eCommerce & Remote Retail Operations
Retail sales are expected to grow this year between 6.5% and 8.2%, amounting to more than $4.33 trillion in sales, according to NRF’s (National Retail Federation) annual forecast. The question is why? Social distancing, at-home consumption, and remote orders are no near to stop. Digital sales are surging, but the emerging buying patterns are much […]
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 […]