Tagged: markdowns

retail forecasting

How to Calculate OTB

In retail planning, open-to-buy (OTB) is one of the most important concepts to understand. By calculating your OTB you can ensure maximum profitability and keep your inventory management practices on target. Here are the...

retail merchandising

How to Be a Better Merchandiser

Merchandising is both an art and a science. There are retailers who can make it look easy, then there are retailers for whom it is a big cinch. It can be a lot easier...

Automate Your Replenishment

Automate Your Replenishment

Merchandising issues pose some of the biggest challenges for many retail businesses, but those challenges can be overcome and even solved with the right retail management solution. Replenishment is one of those issues that...

Who’s The Merchandising King/Queen?

Who’s The Merchandising King/Queen?

Every retail business rises or falls on its merchandising. If customers walk into your stores and they see empty shelves, shelves loaded with product so that they can’t see what’s there, or it’s so...

Business insight with Retail Merchandising software

Business insight with Retail Merchandising software

When you are browsing a retail business as a customer, what is important to you? The prices, quality of products, and effectiveness of sales support and other staff are all important parts of what...

Leading-edge Merchandising software

Leading-edge Merchandising software

Having the right products at the right prices is a great start for any retail business, but the planning for success does not stop there. In order to make the most out of your...

Merchandising software helps oversee assortments

Merchandising software helps oversee assortments

Merchandising is a crucial aspect of retail management that can end up making or breaking your business. You need to have total control over your product life cycles and your plans for stocking and...

ChainDrive Merchandising software helps you sort your products right

ChainDrive Merchandising software helps you sort your products right

One of the most effective ways of maximizing sales and overall profit in a retail business is through efficient merchandising. Being able to stock the right products in the right amounts at the right...

Retail Merchandising software helps you control product cycles

Retail Merchandising software helps you control product cycles

Merchandising is an integral part of retail businesses of all kinds. Having the right products on your store floors at the right times and being able to make the correct decisions about allocation and...

Chaindrive’s Merchandising software helps control buying and selling cycles

Chaindrive’s Merchandising software helps control buying and selling cycles

Although it may be common knowledge that a nuanced understanding of merchandising and how to make the most out of your inventory is essential to successful retail business, reaching that level of knowledge is...

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