Product Management Software
If you’re the manager of a retail store or chain, then you’ll know that the most valuable asset in your business is your inventory. The merchandise that you manage determines the success of your business. In order to gain full control over this integral part of your retail business, you will need more than basic software at your disposal. ChainDrive’s retail management software package includes a Product Management tool that specializes in the monitoring and management of your products through their entire lifespan.
The software can track the location and status of any given piece of merchandise at any point in time thanks to its ability to simultaneously monitor receipts, purchases, allocations, and sales, as well as products that may be in transit or on hand. You’ll never lose track of your goods with this tracking tool on your side.
One of the most prominent features in the ChainDrive retail software package’s arsenal is the Inventory Matrix tool found in Product Management. The Matrix is designed to handle products at every stage of their life cycle. It contains over 30 data attributes in its centralized system and is equipped to work with individual or multiple products. It even helps you measure the impact of potential decisions before taking action.
Product Management also includes a tool that helps you manage pricing for your products. Picking the right prices in the right places at the right times is an important part of making optimal profit in your business. With Price Management, you will be able to make more informed decisions and take a multi-tiered approach to handling pricing. The analysis and reporting tools will show you the information you need to know in order to choose the right prices.
Product Management software is extremely versatile and provides the user with tools that are both powerful and easy to use. Get it for your retail business!