How To Control Your Inventory
Inventory control for many retail businesses is getting more challenging – unless you have the right business solution. It should be getting easier with technology that allows you to control your inventory and manage your product levels in real time. If you can do that and stay on top of your inventory levels, then you can make your business more profitable.
Specific tasks you can manage better and more efficiently with ChainDrive include:
- Simultaneous purchase monitoring
- Allocation management
- Receipt handling
- Sales tracking
- Transfer requests
- In-transit product tracking
- On-hand merchandise monitoring
Using a powerful inventory matrix, you can manage all aspects of your product lifecycles. That includes price management, stock consolidations, special orders, merchandise categorization using your attribute definitions, and a robust reporting and analysis tool that allows you to get eyes on your merchandise no matter where it is.
You cannot take action unless you know what the challenges are. Track all of your products by class or by individual product names. Watch your merchandise move from store to store and from warehouse to store. Manage your promotions better and replenish hot products when necessary to keep the flow of your supply chain moving fluidly.
ChainDrive has a Product Management module that can do it all. Now is the time to see what you can do to make your inventory management system more efficient – in real time.