When it comes to handling your products in a retail business, pricing is far from the only thing that needs to be considered. In addition to having the right costs in order to balance the number of sales with profit per sale, you need to find ways to optimize your merchandising strategies so that you maintain stock levels, maximize turnover, and improve efficiency all around. ChainDrive offers a retail management solution that helps you the ability to do just that. Our retail management software package includes a comprehensive Retail Merchandising component with all of the features you need to gain insight into your buying and selling cycles. Proper use of this tool will surely improve your business.
With our Merchandising tool, you will be able to allow or disallow automated allocation and replenishment as needed to handle the stocking of items at every stage of the product lifecycle. Keep more popular products flowing quickly and handle others in a more targeted fashion. In addition, you will be able to manage products that come in multiple sizes with our intuitive Size Analysis tool. This feature assists you in determining the optimal ratio of sizes to stock on your store floors. Determine which sizes are most popular and balance volume of popular sizes with diversity of overall sizes. This leads to more sales made and higher levels of customer satisfaction.
Merchandising can be a tricky process, and if you don’t have the right tools by your side, you’ll either overthink it or not consider it enough. Let ChainDrive’s Retail Merchandising software component help you make the smart decisions day in and day out.