The ChainDrive Blog

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

inventory management software

How to Boost Your Wholesale Inventory Management & Overall Performance in 5 Easy Steps for a Tenfold ROI?

September 3, 2020

Navigating through different inventory management software can be tedious, complex and time consuming. To help you save a little time, we’ve researched different options and collected what we think are the most relevant functionalities, tools and best practices. One of the primary challenges of running your wholesale business is managing your inventory. Since you are […]

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key performance

Six KPIs to Track & Harness Your Retail Store Performance?

August 18, 2020

A KPI, or Key Performance Indicators, are sets of relevant metrics used to measure performance. Retail stores use various KPIs to measure their floor sales and omnichannel activities. There are no fixed rules with respect to the volume or the type of KPIs every retail store must use. Retail stores need to pick the most relevant KPIs based on meaningful data which C-Suite level executives […]

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pet store

Top 10 Retail Merchandising Tips to Unleash the Power Within Your Pet Shop Store

August 12, 2020

In the Tik Tok era consumers across the board are very sensitive about retail store innovations, new interior designs, intricate layout, smart displays, lighting fixtures, olfactive experiences, cash counter ergonomics, color coordination’s and anything used by modern retailers to enhance the consumer experience. In fact, when people think about merchandising, they will most likely think […]

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5 Pricing Optimization Master Classes Learned from ChainDrive’s Price Management Software Users

August 6, 2020

Find out how price optimization, best practices and smart pricing tools can help you improve your retailing guerilla skills and your bottom-line performance within your market vertical. So, let’s dive in and let’s examine which key performance indicators, metrics and skill sets work best for today’s changing landscape and retailing business models. But first, let’s […]

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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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