The ChainDrive Blog

ChainDrive News & Events, Retail Technology Insights, Tips for the Retailers and Much More!

10 Simple Ways to Improve Sales Performance in Retail stores

August 23, 2021

The COVID-19 pandemic has rocked the world, affecting almost every aspect of life and business. While economies struggle to remain stable, governments fight to keep their populations secure. Small companies all around the world have faced financial difficulties and have been pushed to adapt to new marketing methods. There are numerous ways that companies may […]

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New Apparel ERP Solutions for the Next Normal

July 19, 2021

ERP for apparel industry is used to manufacture, design, manage materials, transport and handle distribution processes, as well as manage work flows. A fashion ERP for example is a centralized database that keeps track of all sorts of corporate procedures and activities. According to Statista report in 2021, Global retail sales of apparel and shoes […]

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Jewelry Inventory Software Upgrades & Migration Tips or How to Shortlist Your Software Pretenders

July 8, 2021

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 […]

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15 Prime Ways to Boost your eCommerce & Remote Retail Operations

April 23, 2021

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 […]

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Retail Merchandise Planning & Seasonal Sports Forecast in the Fast Lane

March 12, 2021

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 […]

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Why OTB is Effective Retail Planning?

February 12, 2021

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 […]

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How to Turn a Rough Stone into a VVS1 Jewelry Business?

January 28, 2021

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 […]

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