Retail Merchandising software gives you superior insight
The ability to understand your retail business at every level is fundamental to being a successful retail manager. With responsibilities including the planning, execution, and monitoring of strategies for purchasing, allocation, employee management, advertisement, and more, you will need a powerful system at your back to simulate, analyze, and design plans for retailing. ChainDrive’s retail management software package is divided into a number of components that each oversee important functions of your business. The Retail Merchandising component is built to handle all of the intricacies of your assets with the use of sophisticated analysis and organizational tools.
Retail Merchandising is capable of simulating purchases, allocations, and replenishment methodologies. Coming up with a tentative plan and running a simulation will give you valuable insight into the projected success of your choices. In order to reach an optimal turnover rate and keep your sales as high as they can be, you will doubtlessly need to devise a specific system for allocation and replenishment that caters to the needs of your customer base.
The software also includes a number of organizational tools that help you better manage your merchandise. The ability to assign user-definable attributes to your products allows you to group items that go together in a variety of ways. You can categorize products by brand, style, size, color, and more.
With the “intelligent” size analysis feature, you can come up with an optimal allocation methodology for products that come in different sizes. Having the right ratio of differently sized items on the shelves will improve turnover and offer your customers the widest range of options for their purchasing needs.
Price Management helps you apply rules, exceptions, and changes to pricing on all of your products. When combined with the various features included in ChainDrive’s package that help you analyze your decisions to find the best results, this tool will produce the most effective pricing strategies available.
Use Retail Merchandising software and gain full control of your business!