Retail Software For Merchandising
Retail managers are in charge of the planning and implementation of all kinds of strategies to reach new heights of success in the competitive market. Whether you operate a large chain of stores or focus on a single location of specialized retail, you are tasked with coming up with methodologies that maximize your success through efficient practices. This means having the right plans for allocation and replenishment of your merchandise, for starters. ChainDrive’s retail management solution is a software package that is divided into a series of components designed to handle specific areas of business. Its Retail Merchandising component includes all of the tools and flexible actions you need to create targeted plans for merchandising success and have them implemented quickly and efficiently.
The software gives you the ability to assign unique attributes to individual products or groups of merchandise. This means that you can create your own groupings to make allocation and replenishment methodologies as simple as they can be. Coming up with a number of strategies for merchandising will allow you to find out which of them is most successful in your market. You can create “tags” by adding attributes to products and then taking mass action on all items with a certain tag. This is especially useful in retail environments where products are phased in and out based on season and/or time of year, such as in apparel retail or sporting goods stores. You can categorize styles, group by brand, or even set aside products that come together.
Retail Merchandising also includes a number of powerful analytic and reporting tools. Its Size Analysis feature, for example, helps you come up with the optimal ratio of stocking for products that come in different sizes. This increases customer satisfaction and improves your turnover significantly. Use Retail Merchandising’s analytic tools to get a better understand of what’s working and what isn’t on your store floors.
Get Retail Merchandising software today and make the most out of your inventory!