Omnichannel Inventory Management

Top 7 Omnichannel Inventory Management Challenges for Retailers

June 14, 2022

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 […]

Keep Reading

10 Powerful Steps in Retail Store Inventory Management

September 16, 2021

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 […]

Keep Reading
inventory management

3 Retail Inventory Accounting Method Challenges Made Simple With ChainDrive inventory management software

July 29, 2020

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 […]

Keep Reading