What Does It Mean To Be ‘End-to-End’?
When you think about your retail supply chain, it travels from the moment you begin considering an inventory purchase to when you actually see your customer walk out the door with your product. A lot can (and does) happen in between.
Inventory purchases are usually bulk. You determine how many of a particular product you want and then buy that many. Some retailers purchase inventory for each store and have the product shipped directly to the store. Others have the product sent to a warehouse where it is received, divided into classes, shelved, and then allocated per the needs of the store and trucked to each store location separately.
Whatever your internal processes, you need a retail management solution to help you track the process from beginning to end.
But a good retail management solution isn’t just about tracking inventory. It’s also about managing sales, promotions, point of sale transactions, customer relationships, accounting processes, Web order and brick-and-mortar fulfillment functions, mobile operations, product and price management, and anything else necessary for running your retail operations.
One of the most important functions for any retail environment is to ensure each store has the right product and the right amount of product for each class. That itself can be a nightmare to manage.
A good retail management solution can do it. That’s why we encourage you to demo ChainDrive today.