The ChainDrive Blog

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

Wholesale inventory management

5 Essential Wholesale Inventory Management Functions You Need to Have in Your ERP System

August 3, 2020

What is inventory management? Inventory management is the activity of forecasting and replenishing inventory, focused on when to order stock, in what quantities and from which supplier. Whether your goal is to simplify your inventory management processes, increase your efficiency, avoid stock-outs and excess stock, implement a lean quality system, balance the supply and demand […]

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inventory management

3 Retail Inventory Accounting Method Challenges Made Simple With ChainDrive inventory management software

July 29, 2020

One reason retail operation manager uses the retail inventory method of accounting is because it is quick and efficient to arrive at a current value of your inventory. However, it is neither accurate or sufficient. That’s why it’s important for retailers to perform a periodic physical inventory count. How often that count is performed is […]

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5 Retail Fashion Apparel Components And Tools You Need to Have in Your ERP Software & POS System

July 23, 2020

Technology breakthroughs and rising consumer trends are reshaping the entire shopping landscape in the post pandemic era. However, even with the popularity of online shopping, it is important to remember that a lot of consumer still go into stores which offer exceptional shopping experience. Therefore, it is inevitable to provide your customers with the best […]

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mobile pos

5 Ways and Reasons a Mobile Point of Sale (POS) System Can Help you Scale-Up

July 16, 2020

In 2016, Business Insider reported that there would be 27.7 million of mobile point-of-sale (POS) devices in the United states by 2021. Of course, that doesn’t mean that all of them will be retail-centric. While Mobile POS systems were first introduced in the restaurant business; they became so popular in retail stores where heavy-duty traffic […]

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Retail Point of Sale (POS) Blind Spots That Can Kill Your Sales & A Lot More

July 10, 2020

When you meet your customer over the point-of-sale (POS) terminal, you hope everything goes right. However, there are several things that can go wrong. And sometimes, when sudden glitches happen, your customers get frustrated. Having an unreliable problem could lead to a ripple effect of negative impacts including higher attrition ratios, consumer dissatisfaction, lost sales […]

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9 Ways to Manage Retail Prices Efficiently with ChainDrive Price management software

July 7, 2020

Managing prices for your entire inventory can be time consuming and inefficient unless you have a strategy or set organizational rules for pricing. To make price management more efficient across your entire retail organization, try incorporating these winning strategies. First Things First: Know your business costs The most fundamental thing you need to do when […]

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Modern smart mobile phone

How to Unleash Your eCommerce Gateway Power?

June 25, 2020

An eCommerce gateway is paramount in the digital age. For the modern retailers, having the right gateway is like opening the river locks to more traffic, more navigation and more business. A gateway will allow your customers to have a seamless shopping experience. It will give them the ability to order any item in your […]

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