Chaindrive’s Merchandising software helps control buying and selling cycles
Although it may be common knowledge that a nuanced understanding of merchandising and how to make the most out of your inventory is essential to successful retail business, reaching that level of knowledge is no easy task. Even once you think you’ve mastered the ins and outs of retail merchandising, you will need more than just a spreadsheet and some time to implement strategies. ChainDrive’s retail management software package includes a Retail Merchandising component built to give you full control over your assortments and buying/selling cycles.
With Retail Merchandising’s intuitive Advanced Allocation feature, you can come up with strategies and methodologies that maximize your profit. It’s an especially great tool for retail businesses that rely on frequent replenishment – those sat sell consumables like food and drink, for example. ChainDrive’s allocation systems are superior to others due to its ability to limit or disallow replenishment on multiple levels and its formula-based methodologies that determine the best decisions for your business.
The software’s Automated Replenishment feature will help you cut down on situations where an item is out of stock and it will help you prevent having to mark down prices at regular intervals. It’s a great hands-off approach to dealing with your inventory.
For retailers that sell products in different sizes, such as apparel and footwear, Retail Merchandising has an “intelligent” Size Analysis tool. It will help you come up with the optimal ratio of sizes to stock on your store floors, providing customers with the widest range of choices and making more sales per day.
Use Retail Merchandising to gain control of your allocation and replenishment cycles and see what this simple change can do for increasing your profits and reaching new levels of success.