Merchandising software to control product cycles
Managing the life cycle of your products is a crucial part of running a continually successful retail business. Retail professionals need to be able to determine when to feature products and when to phase them out. Having the right allocation and replenishment methodologies will improve the strength of your business and make more sales. ChainDrive’s retail management software package includes a handy Merchandising component designed to take control of these duties and better your business across the board.
With the ability to develop customized rules for allocation and replenishment, you will be able to make more sales on popular products and offer better deals on products phasing out of style. This is especially useful for retail businesses that are dependent on the time of year, such as apparel stores. The software even includes a Seasonal Planning module that can set up strategies for success months in advance.
Also beneficial to apparel retailers is the Size Analysis feature, which helps you determine the optimal ratio of sizes to stock on your store floors. Getting the right number of sizes for a given product will make more sales and lead to higher customer satisfaction.
Using Merchandising software the right way will help you maximize the potential of your inventory and it will give your customers a better in-store experience. Pick it up for your business and see how you can reach new levels of success!