ChainDrive Merchandising software helps you sort your products right
One of the most effective ways of maximizing sales and overall profit in a retail business is through efficient merchandising. Being able to stock the right products in the right amounts at the right times and have them replaced quickly is fundamental to reaching out to the widest range of customers and making the most sales per day. This can be a difficult task, however – especially because as the size of your business grows, you have more and more merchandising to worry about. Thankfully, there are tools on the market that can help. ChainDrive’s retail management software package includes an intuitive Retail Merchandising component that is ready to handle everything related to the allocation and replenishment of your products.
The software’s Advanced Allocation feature puts you in control and helps you choose how you would like to allocate your products. You can choose to allocate based on popularity at a given store, a pre-defined percentage, and more. You can also choose to disallow replenishment as desired. Our allocation tool goes far beyond general min-max settings to give you flexibility and ease of use.
The software also includes a handy Size Analysis tool that uses intelligent formula-based methodologies to help you determine the optimal ratio of sizes of a given product to stock on your store floors. This is especially useful in retail markets such as apparel retail, footwear retail, and so on. Use it to provide customers with the widest range of sizes without having too few of the more popular sizes available.
These are just a few examples of how Retail Merchandising can benefit your business. Pick it up today and see what you’ve been missing!