3 Things Retail Planning Software Must Have
Retail planning has probably been part of every single retail business that exists. That gives plenty of opportunities to see where retail planning has been successful and contrast that success with examples of retail planning that has been woefully inadequate. Today’s retailers utilize software designed for their planning needs, and it’s important that this software has dynamic controls and flexible views along with accurate information to work from.
Dynamic Controls That Put You In Charge
One of the most important features to look for in retail planning software is the ability to adapt the tools to your particular need. Dynamic controls, segment views, critical indicators, and other options need to be part of an extensive list of user-defined facility. The ability to control the software so that you can use it effectively is part of the essential functionality that ChainDrive is designed to deliver.
Flexible Views To See What You Need To See
ChainDrive’s Open-to-Buy is a perfect example of the versatility needed for retail planning software. You can pre-select the label sets that need to be viewed by changing the way you see the information, adding or removing labels with the click of your mouse. The OTB tool is designed to adapt to various users with varying requirements and analytical viewpoints. Because the user decides what to view and how to look at the information, planning sessions are optimized.
You can even freeze specific factors from a single data cell to a sub-level plan so that all scenarios are presented without affecting details that must remain consistent. Graphing data tools ensure visual comparisons are clearly presented so that communicating during meetings and presentations is clear and concise.
Accurate Information So Your Plan Is Perfected
This flexibility enables planning at a seasonal level for true Open-to-Buy at any season but ChainDrive also enables an intuitive consolidation of all seasonal plans. This corporate view includes the ability to use historical data and leverage actualized statistics as benchmarks for future goals. The simple, easily viewed comparatives are accurate because the data all comes from the central database where the information was stored at the point of collection, in real time.This efficient method of collection and storage ensures accurate data because there is no second step where errors can occur.
ChainDrive’s Retail Planning Software has the 3 things you need for success: dynamic controls, flexible views, and accurate information.