Analysis and Reporting in Retail Merchandising software
Educated planning and performance tracking is integral to the success of your retail business. You need to be able to see with cold hard facts how your business is performing in different ways. You need a system that can digest and analyze data of all different types. You will need to analyze data related to your products, purchases, suppliers, customers, and even your competitors. Thankfully, ChainDrive Retail Merchandising software has the analysis and reporting tools you need to succeed.
The software is capable of taking in and working with data from all other parts of your retail management software package. It can produce interactive views and output information, analyses, reports, and projections in a number of different views. If you need to see information from a certain week, then you can do that. You could also look at data from only a certain department, or even things that pertain only to a certain product. This kind of flexibility ensures that you can make specific, detailed, and well-informed plans for the future.
The ability to access crucial data when you need it will come in handy in any number of situations. If a problem arises with a certain supplier, you can use Retail Merchandising to look at their history with your retail business and use this reporting to make an informed decision about how to handle the issue.
With analysis and reporting tools, you can figure out where you need to improve. If the reporting shows that the performance of a certain product or style is not up to par, you can pinpoint this immediately and get the ball rolling on finding a solution to the problem. It’s a great tool for looking at how tentative changes are coming along – if you try out a new product or other sort of sale, you can analyze it right away and see if it’s working out.
Retail Merchandising will help you get the best information on all of your retail data. Try it out today!