Tagged: centralized database

product management

5 Ways to Manage Your Products Better

In retail, product management is one of the most important operational concerns. If you don’t manage your inventory effectively, you could have tons of losses, which eat into your profits, spend countless hours looking...

retail operations management

5 Retail Operations Problems and How to Solve Them

Managing a retail chain is loaded with challenges. There are so many moving parts that have to be managed that it can’t all be done by one person. However, with the right operations management...

smaller department store

5 Tips for Managing Department Stores Efficiently

Department stores have many challenges that are retailers don’t face. One of the primary challenges is managing multiple lines of inventory for the various departments within your store. It’s sort of like having multiple...

department store efficiency

5 Ways Department Stores Can Be More Efficient

Operations management for a large department store, especially for a chain of large department stores, can be quite a challenge. When you sell merchandise in many different product categories–such as sports, clothing, toys, furniture,...

product management

The Foundation You Need For Retail Product Management

Managing the location and status of your merchandise requires the ability to see things in real time. Monitoring purchases, receipts, allocations, sales, transfers, in-transit, on-hands, and all the rest of the details you need...

key performance indicators

Gain Insight Into Any Transaction With Integrated Accounting

Numbers are useful things, but numbers can only be considered useful when they are viewed in context. That is why ChainDrive developed an accounting component for the Integrated Retail Management solution that puts every transaction...

apparel retailing

Base Merchandising Decisions On Accurate Analysis

The decisions made by your merchandising team affect what happens throughout the enterprise. That’s why it is important that these decisions are made by using accurate, real-time information that is comprehensive. Without the proper...

Operations Management Needs This Basic First Step

There are many potential strategies and tools being developed for retail operations management. Some of them seem to have stepped out of the pages of science fiction, like the artificial intelligence mentioned in a...

ecommerce solution e-commerce

How to Handle Data in E-Commerce

How does your e-commerce solution handle data? How should it handle data? The proverbial “it depends” just won’t cut it any more. There needs to be an effective and efficient way to handle data...

Integrated Accounting with ChainDrive

Integrated Accounting with ChainDrive

Retail professionals face many difficulties when working towards developing a successful and growing business. Keeping up with the market’s ever-changing demands and working to match competition, manage internal practices, satisfy customers, and maintain competitive...

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