The ChainDrive Blog

As consumers begin to expect a convenient omnichannel shopping experience, the use of alternative fulfillment options such as click and collect or same-day delivery is steadily increasing. Now, it’s vital to give customers what they want, when they want it, and where they want it. Yet this level of customer-centricity puts tremendous pressure on retailers […]

Retail store inventory management is the process of ensuring that you have enough of the items that customers desire on hand, but not too much or too little. Retailers fulfill consumer demand by controlling inventory to avoid running out of stock or having too much on hand. Effective retail inventory management, in practice, leads to […]

One reason retail operation manager uses the retail inventory method of accounting is because it is quick and efficient to arrive at a current value of your inventory. However, it is neither accurate or sufficient. That’s why it’s important for retailers to perform a periodic physical inventory count. How often that count is performed is […]