Retail Merchandising Software oversees allocation and replenishment
The presentation of a retail store and the products it has in stock will define its success. Organizing and keeping full stock of your best-selling products will lead to more sales and a quicker turnover rate. As a retail manager, you’ll be in charge of making sure you have the right allocation and replenishment system in place for an efficient and organized sales process. Using ChainDrive’s retail management software, you can take charge of your merchandising duties with confidence. The Retail Merchandising component comes with all of the tools you need to maintain the highest quality of merchandising practices.
With this software, you can gain insight into your product performance through data analysis and reporting to help make better-informed decisions moving forward. Once you’ve assessed your needs appropriately, you can use Retail Merchandising’s many tools to help you implement your plan and work out the details.
The “intelligent” size analysis tool helps you optimize your stocking by running sales data through a formula that will show you which sizes sell the fastest and what kind of ratio would produce the quickest turnover. This is a vital tool for retailers that include clothing and accessories in their sales.
Retail Merchandising includes an Advanced Allocation feature that works for any type of product and goes far beyond the typical “min-max” settings. By using formula-based methodologies and the ability to either limit or completely disallow replenishment, ChainDrive’s software provides the user with a superior allocation plan.
Get the most out of your products and use Retail Merchandising software to help you make the right decisions about your sales floor.