Features of ChainDrive’s Merchandising software
Merchandising is one of the most important practices in maintaining a successful retail business. It’s necessary to have total control over your allocation and replenishment cycles and to be aware of the best practices for stocking your products. Proper merchandising leads to faster turnover, more total sales, and more satisfied customers. ChainDrive’s retail management solution is a software package that comes equipped with a comprehensive Merchandising tool. Let’s take a look at some of its key features and see how it can improve your business.
The Intelligent Size Analysis tool is designed to handle products that come in varying sizes. It uses formula-based methodologies to determine the best ratio of sizes to stock on your store floors at a given time. Offer customers a range of options while simultaneously stocking the most common sizes the most.
The Cost Calculator allows the user to create unlimited preset landed cost formulas that can be applied indefinitely to product orders once created. This allows for the most accurate and thorough cost estimating and will improve your decision-making as a result.
Using the software’s Automated Replenishment feature, you will be able to lower instances of out-of-stock products and reduce the need for price markdowns by keeping close track of product life cycles, seasonal changes, and much more. The system will automatically perform replenishments as necessary to improve turnover and overall success.
These are just a few examples of the benefits offered by ChainDrive Merchandising software. Try it out for yourself and see what you’ve been missing!