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apparel retailers

From Chaos to Control: How Apparel Inventory Software Can Transform Your Fashion Business

June 3, 2024 by Multidev Technologies Leave a Comment

Apparel retail stores

In the fast-paced world of fashion retail, staying ahead of the curve requires a deep understanding of shifting customer preferences. To thrive, clothing retailers must be agile, responsive, and committed to achieving success. Yet, many apparel retailers find themselves grappling with a myriad of challenges that hinder their growth and efficiency. From inventory management woes to order processing bottlenecks, the complexities of running a fashion business can often feel overwhelming.

Fortunately, there’s a game-changing solution on the horizon: apparel inventory software. This powerful tool has been revolutionizing the way fashion businesses operate, offering a seamless and efficient way to manage inventory, streamline operations, and boost profitability.

In this blog post, we’ll delve into the common pain points faced by apparel retailers and explore how investing in apparel inventory software can be the key to overcoming these challenges and achieving unprecedented success.

Common Challenges for Apparel Retailers

From shifting consumer preferences to logistical hurdles, apparel retailers must navigate a complex landscape to stay competitive and profitable. Here are some of the key challenges faced by apparel retailers today.

1. Fast-Changing Fashion Trends
One of the biggest challenges for apparel retailers is keeping up with rapidly changing fashion trends. Consumer preferences can shift overnight, making it difficult for retailers to predict which styles will resonate with their target audience. Failure to stay ahead of the curve can result in excess inventory of outdated styles and missed sales opportunities.

2. Seasonal Variability
The apparel industry is highly seasonal, with demand fluctuating throughout the year based on factors such as weather, holidays, and fashion cycles. Managing inventory levels to meet demand during peak seasons while avoiding overstock during slower periods requires careful planning and forecasting.

3. Inventory Management
Effective inventory management is essential for apparel retailers to optimize sales and minimize costs. However, maintaining accurate inventory records across multiple locations and channels can be challenging, particularly for retailers with large and diverse product catalogs.

Inaccurate Inventory Counts: Manual inventory tracking methods are prone to errors, leading to discrepancies in stock levels and inventory shrinkage. Without real-time visibility into inventory data, retailers’ risk stockouts, overstock situations, and lost sales opportunities.

Disorganized Stockrooms: Poorly organized stockrooms make it difficult for staff to locate items quickly, resulting in wasted time and inefficiency. Inadequate inventory management practices can also lead to damaged or misplaced inventory, further exacerbating the problem.

Without proper inventory management systems in place, retailers’ risk stockouts, overstock situations, and decreased profitability.

4. Inefficient Order Processing
Manual order entry processes can lead to delays, errors, and frustrated customers. Without a streamlined order management system in place, retailers risk losing out on sales and damaging their reputation.

5. Lack of Multi-Channel Integration
In today’s digital age, consumers expect a seamless shopping experience across multiple channels, including brick-and-mortar stores, e-commerce websites, and mobile apps. However, integrating inventory and sales data across these channels can be complex and resource-intensive. Retailers must invest in technology solutions that enable omnichannel integration to meet the demands of modern consumers.

6. Rising Operational Costs
Apparel retailers face rising operational costs, including rent, labor, and marketing expenses. Competition from online retailers and fast-fashion brands has put pressure on margins, forcing retailers to find ways to reduce costs without sacrificing quality or customer experience.

7. Sustainability and Ethical Sourcing
With growing awareness of environmental and social issues, consumers are increasingly demanding transparency and accountability from apparel retailers. Retailers must navigate complex supply chains to ensure ethical sourcing practices and sustainable production methods. Failure to address these concerns can damage brand reputation and lead to customer backlash.

8. Technology Adoption
Keeping pace with advancements in technology is another challenge for apparel retailers. From inventory management software to customer relationship management (CRM) systems, retailers must invest in technology solutions that streamline operations, improve efficiency, and enhance the customer experience.

Time to Upgrade your Management Software: Upgrade your management software for streamlined efficiency and growth. If manual tracking and cumbersome inventory processes are slowing you down, it’s time for a change. Embrace modern technology with a robust system, such as Point of Sale (POS) software, to simplify tasks and boost productivity. Join the increasing number of satisfied users benefiting from the ease and effectiveness of POS technology.

The Perfect Solution: Apparel Inventory Software

Enter apparel inventory software – the perfect solution to the challenges faced by apparel retailers. This sophisticated software offers a comprehensive suite of tools designed to streamline inventory management, optimize order processing, and enhance overall operational efficiency.

With apparel inventory software, retailers can:

1. Automate Inventory Management: Say goodbye to manual inventory counts and Excel spreadsheets. Apparel inventory software automates the entire inventory management process, from tracking stock levels to generating replenishment orders. With real-time visibility into inventory data, retailers can make informed decisions and minimize stockouts and overstock situations.

2. Centralize Inventory Data: By centralizing inventory data in a single, integrated platform, apparel inventory software enables retailers to manage inventory across multiple locations and sales channels seamlessly. With streamlined inventory management, retailers can effectively reduce carrying costs while enhancing supply chain accuracy. Whether it’s a brick-and-mortar store, an e-commerce website, or a mobile app, retailers can easily track inventory levels and allocate stock where it’s needed most.

3. Streamline Order Processing: From order capture to fulfillment, apparel inventory software streamlines the entire order processing workflow, eliminating manual bottlenecks and reducing the risk of errors. With features such as automated order routing and real-time order tracking, retailers can fulfill orders faster and provide customers with a superior shopping experience.

4. Optimize Inventory Planning: With advanced forecasting and analytics capabilities, apparel inventory software empowers retailers to optimize inventory planning and forecasting. By analyzing historical sales data, seasonal trends, and market demand, retailers can accurately predict future inventory needs and minimize excess inventory costs.

Actionable Tips for Success

  • Invest in a robust apparel inventory software solution that offers scalability, flexibility, and real-time data access.
  • Train staff on proper inventory management practices and the use of apparel inventory software to maximize efficiency and accuracy.
  • Regularly audit inventory data to identify discrepancies, address issues promptly, and maintain data integrity.
  • Leverage analytics and reporting tools in apparel inventory software to gain insights into sales trends, demand patterns, and inventory performance.

By addressing common inventory management pitfalls with apparel inventory software and implementing best practices, apparel retailers can streamline operations, improve efficiency, and achieve sustainable growth in the competitive fashion industry

Conclusion

In conclusion, apparel inventory software is a game-changer for fashion retailers looking to stay ahead of the competition. By automating inventory management, streamlining order processing, and optimizing inventory planning, apparel inventory software enables retailers to transform their business operations and achieve unprecedented success.

From chaos to control, apparel inventory software offers the perfect solution to the challenges faced by apparel retailers. By investing in this powerful tool, retailers can unlock new levels of efficiency, profitability, and customer satisfaction – paving the way for long-term growth and success in the dynamic world of fashion retail.

How ChainDrive Apparel Management Software is Shaping the Fashion Industry

ChainDrive apparel management software stands at the forefront of revolutionizing the fashion industry by offering a comprehensive solution to the complex challenges faced by retailers. With its robust features and intuitive interface, ChainDrive empowers fashion brands to streamline their operations, optimize inventory management, and enhance the overall customer experience. By providing real-time visibility into inventory levels, tracking sales trends, and automating reordering processes, ChainDrive apparel store management software enables retailers to make data-driven decisions that drive efficiency and profitability.

Moreover, its omni-channel capabilities allow retailers to seamlessly integrate their brick-and-mortar stores with their online platforms, creating a cohesive shopping experience for customers across all touchpoints. Experience the transformative power of ChainDrive for yourself – schedule a demo today and see how it can revolutionize your fashion business!

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End-to-End Apparel Inventory Management Software

ChainDrive offers a reliable and efficient solution to resolve your fashion brand’s inventory management challenges. It automatically syncs your multi-channel, multi-warehouse, and multi-location inventory.

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Filed Under: Apparel Tagged With: apparel industry, apparel retailers, apparel software

How Apparel Management Software Can Streamline Your Store Operations and Boost Sales

June 20, 2023 by Multidev Technologies Leave a Comment

apparel management software

Running a successful apparel store requires efficient operations and consistent sales growth. With the ever-evolving retail landscape, store owners and managers are constantly seeking ways to streamline processes and maximize revenue. One powerful solution that has emerged is apparel management software. In this post, we’ll explore the benefits of using apparel management software and provide tips on how to choose the right software for your retail business.

What is apparel management software?

Apparel management software is a specialized solution designed to streamline and optimize the operations of apparel stores and businesses. It provides a comprehensive set of tools and features to manage various aspects of the apparel industry, including inventory management, point of sale (POS) operations, customer relationship management (CRM), supply chain management, reporting, and analytics. This software helps apparel store owners and managers automate processes, improve efficiency, reduce manual errors, and make data-driven decisions to enhance sales, optimize inventory levels, and provide better customer experiences. By centralizing and integrating key operations, apparel management software empowers businesses to stay competitive, increase productivity, and drive growth in the fast-paced and dynamic world of apparel retail.

Top 10 Benefits of Software for the Apparel Industry

Here are the key benefits that apparel software brings to the table and how it can revolutionize the way apparel businesses operate, leading to increased profitability and a competitive edge.

1. Streamlined Inventory Management: Apparel management software enables efficient tracking and management of inventory levels, ensuring optimal stock levels, reducing stockouts, and minimizing overstock situations. This leads to improved inventory accuracy, better product availability, and increased sales opportunities.

2. Enhanced Point of Sale (POS) Operations: With apparel management software, businesses can streamline their POS processes, enabling faster and more accurate transactions. Barcode scanning, secure payment processing, and automated discounts or promotions contribute to a seamless and efficient checkout experience, resulting in improved customer satisfaction and increased sales.

3. Improved Customer Relationship Management (CRM): Apparel software solutions provide robust CRM capabilities, allowing businesses to gather and analyze customer data such as purchase history, preferences, and sizes. This data can be used to personalize marketing campaigns, recommend relevant products, and provide exceptional customer experiences, fostering customer loyalty and driving repeat sales.

4. Advanced Reporting and Analytics: Apparel management software offers comprehensive reporting and analytics features that provide valuable insights into sales performance, inventory turnover, and customer behavior. By analyzing this data, businesses can make data-driven decisions, optimize pricing strategies, forecast demand, and improve overall operational efficiency.

5. Efficient Supply Chain Management: Apparel software solutions facilitate seamless integration with suppliers and automate order management processes. This helps businesses streamline their supply chain, reducing manual errors, optimizing lead times, and ensuring timely delivery of products to stores or customers. Efficient supply chain management minimizes disruptions and contributes to a smooth and reliable shopping experience.

6. Cost and Time Savings: By automating various processes and reducing manual tasks, apparel management software saves businesses valuable time and resources. It eliminates the need for manual data entry, minimizes errors, and increases overall operational efficiency, leading to cost savings and improved productivity.

7. Scalability and Growth: As businesses in the apparel industry expand, apparel management software can easily accommodate growth. It provides scalable solutions that can handle increasing product volumes, store locations, and online sales channels. This flexibility enables businesses to expand without encountering operational constraints.

8. Integration with E-commerce Platforms: Many apparel management software solutions seamlessly integrate with popular e-commerce platforms, allowing businesses to manage online sales, inventory, and fulfillment from a single system. This integration facilitates efficient multi-channel selling and ensures consistent inventory and order management across all sales channels.

9. Compliance and Traceability: In the apparel industry, compliance and traceability are crucial. Apparel management software enables businesses to track and trace products, ensuring compliance with regulations and standards. It provides visibility into the entire supply chain, from sourcing raw materials to the final product, ensuring transparency and accountability.

10. Improved Decision-Making: With accurate and real-time data available through apparel management software, businesses can make informed and strategic decisions. The software provides insights into sales trends, inventory performance, and customer preferences, enabling businesses to adapt quickly to market changes, optimize operations, and stay ahead of the competition.

Choosing the right apparel management software for your retail business

Here are some key factors to consider when selecting the software that best suits your needs:

  • Functionality and Features: Ensure the software covers essential areas like inventory management, POS operations, CRM, reporting, and analytics.
  • Scalability and Flexibility: Assess if the software can handle growth in products, stores, or online sales channels and adapt to changing industry trends.
  • Integration Capabilities: Check if the software seamlessly integrates with other systems, such as e-commerce platforms and accounting software.
  • User-Friendliness: Look for an intuitive interface that is easy for your staff to learn and navigate.
  • Customer Support and Training: Evaluate the level of support and training provided by the software vendor.
  • Cost and ROI: Consider the software’s cost in relation to the potential return on investment, considering increased sales and reduced operational costs.
  • Security and Data Protection: Ensure the software has robust security measures to protect your sensitive business and customer data.
  • Vendor Reputation and Reliability: Research the vendor’s reputation and reliability in delivering high-quality software and ongoing support.
  • Future Updates and Upgrades: Inquire about the software’s update policies and associated costs.
  • Demo and Trial Period: Request a demo or trial period to test the software’s usability and compatibility with your business operations.

By considering these factors, you can make an informed decision that aligns with your business needs and drives success in the apparel retail industry.

Conclusion:

In conclusion, the use of apparel management software can revolutionize your store operations and boost your sales. With the ability to manage your inventory, track your sales, and optimize your customer relationships, this software is essential for any store owner who wants to take their business to the next level. By automating many of the key processes involved in running a successful retail operation, you can free up time to focus on growing your business and creating a great shopping experience for your customers. With the right apparel ERP software, you can streamline your operations, reduce costs, and increase your profitability. So why wait? Start exploring your options today and request a free demo to discover how ChainDrive apparel management software can help transform your business and take it to new heights!

Filed Under: Apparel Tagged With: apparel industry, apparel retailers, apparel software

The Future of Fashion: Top 10 Trends and Technological Innovations Reshaping the Industry

August 22, 2022 by Multidev Technologies Leave a Comment

fashion industry trends

The fashion industry is constantly evolving and changing. This can be seen in the rapid technological advances and the rise of new fashion trends. The fashion industry is always on the move, whether it’s the evolution of how we shop or the latest fashionable clothes.

As customers’ real lives become increasingly immersed in the digital world, many designers and brands must embrace the latest technologies to push the boundaries of manufacturing, production, marketing, and wearables. From the cutting edge of artificial intelligence to the rise of mobile commerce, digitization and blockchain, we’ve rounded up the most exciting trends in fashion and some of the technologies on the horizon.

Here are the top 10 emerging trends that the fashion industry is responding to with technology as it continues to evolve into a better version of itself.

1. The Role of Digitalization

Without digitalization, the fashion industry would not be able to reach the level of consumer engagement that it has today. For example, digitalization has allowed for more customization of clothing and shoes, which allows for a greater level of satisfaction for the consumer. Digitalization has also made it possible to view clothing in real-time, which has revolutionized the fashion industry. The digitalization of the fashion industry is expected to continue, which will allow for further consumer engagement.

As the market evolves, both traditional and emerging fashion brands need to strengthen their online presence and use analytic data to offer more personalized solutions and capture a larger market share. The prevalence of live streaming and customer service video chat are just a couple of ways brands are adapting to a more digital world.

2. Artificial Intelligence

Artificial intelligence (AI) is a technology that is slowly becoming more and more popular in the fashion industry. AI will be able to do everything from designing and making clothes to making decisions on what colors to use. AI will be able to read emotions and enhance the shopping experience of customers, analyze data, drive sales, predict trends, and offer inventory advice.

As more and more shoppers choose to buy from retailers that match their values, personalization and relevancy are growing trends throughout the e-commerce industry. To solve this new problem of putting the customer at the heart of their marketing strategies, online fashion retailers are increasingly turning to AI and, more importantly, chatbots. Whether it’s welcoming visitors to a page or creating recommendations through a conversational service, artificial intelligence has made itself indispensable with its effortless work to nurture and engage potential consumers.

3. Virtual & Augmented Reality

As the digital world continues to grow and evolve, more and more fashion eCommerce retailers are striving to attract new customers and retain existing ones through the use of augmented reality (AR) and virtual reality (VR) experiences. Fitting rooms try on AR & VR experiences that allow visitors to see themselves in a brand’s clothing, allowing people to use holograms and virtual worlds to create fashion. It is expected that virtual reality will be used in the design and manufacturing of clothing. This will make the process more efficient and cost-effective. It is also possible that virtual reality will be used to show the wearer how they will look in the end product. In the future, it is expected that virtual reality will be used to design and create clothing in a 3D environment.

4. A Seamless Supply Chain

As fashion enters a new era, products made using hyper-rapid manufacturing systems will be tracked and distributed using next-gen inventory management tools. Many retailers are moving toward automating their supply chain and delivery methods.

Blockchain in the Fashion of Supply Chain

Blockchain is an excellent tool for transparency, traceability, and efficiency in the supply chain; it allows retailers to be connected and exchange information, documents and data directly and securely. Fashion brands are started to explore how blockchain tracking can inject more transparency into the apparel creation process while making it easier to verify products. The technology can be used to efficiently track and maintain traces of garments and supply chains through technologies such as inventory tracking and management. Blockchain technology is expected to provide a secure way to share data, which will also make it easier for retailers to connect with their customers.

5. Multi-Channel / Mobile Commerce

Multichannel demands immersion through social media marketing has become a necessity. Multichannel e-commerce involves establishing a consistent, purchase-centric experience across consumers’ digital spaces. Whether it’s targeting new audiences, experimenting with new social media platforms, or testing new designs, multichannel marketing is key to growth in the fashion industry.

Mobile technology is becoming increasingly advanced. Mobile commerce is an essential tech tool, from Instagram shopping to smart wallets. It has impacted our day-to-day life, and it has become one of the fastest-growing sectors in eCommerce. These mobile sales sites have revolutionized the online sales industry, demonstrating how mobile commerce innovates every aspect of the fashion industry.

6. Omni-Channel Operations

Fashion brands are instead turning to omnichannel strategies, such as direct-to-consumer; they must offer seamless online and offline shopping experiences as they navigate the world of balancing brick-and-mortar stores with surging eCommerce sales. For physical retailers, strengthening their digital presence allows them to drive traffic to their physical stores and make their catalogs easily accessible to a wider online audience.

For e-commerce retailers, having a dual approach to attracting shoppers between an offline and online presence could not only be a way to unify brand experiences while helping to maintain the profitability of a brick-and-mortar store but also to meet different consumer needs by segmenting the approach to the offering, such as making certain products available only online in a direct-to-consumer strategy.

7. The Importance of Sustainability and Ethical Fashion

More and more consumers are concerned about the future of the planet and are putting pressure on retail brands that do not have eco-friendly practices.

The growing increase in sustainability and transparency is a result of consumers choosing to shop from brands whose values and ethics reflect their own, and these ethics don’t just extend to the natural environment – they include issues related to human rights and the natural world. As a result, some companies are working on modifying their business models and developing products made with more sustainable materials.

In addition to concerns about climate change and the health of the planet, consumers are also becoming more aware of exploitative working conditions in factories and are demanding living wages and safe working conditions

8. Continued Growth in Athleisure

The future of the fashion industry is looking bright. New technologies will be used to create the perfect fit for your body and the perfect look for your style. More and more people are becoming interested in athleisure, a term that refers to casual clothing that can be worn for exercise or social occasions. The growing popularity of wellness has given yoga-inspired clothing a unique appeal.

This trend will continue to be a major fashion trend in the future, and it won’t be limited to women. Men will also wear more casual clothing for both works and play. These fashion trends will be coupled with other important industry trends, such as the continued growth of the e-commerce industry, the use of artificial intelligence, and the continued diversification of the fashion industry.

9. Personalization

Modern fashion consumers are actively seeking personalized experiences. Hyper-personalization focuses on the customer’s behaviors, preferences, and purchase history to determine how best to deliver value in the future. Fashion and apparel brands are exploring how 3D printing can help them produce goods on demand and create new customization opportunities.

Rising obesity levels around the world have spurred demand for on-trend, a shift from Plus Size to Size-Inclusive fashion. In the past, plus-size clothing was rare at many retailers and often relegated to separate sections next to maternity wear. This is beginning to change as size-inclusive initiatives become more widespread.

10. Buy Now, Pay Later (BNPL)

While online fashion retailers and consumers are still dealing with the economic ramifications, a new shopping landscape seems to offer a potential solution to the question of how luxury fashion retailers, in particular, will make their items affordable to a new range of savvy buyers going forward.

You can give customers great options by accepting alternative payment methods in your store. Buy now, pay later (BNPL) is a new form of purchasing that is being integrated into a range of online fashion retailers; to better control their budgets, shoppers are giving retailers more frequent conversions with higher average order sizes.

Conclusion

The apparel industry is challenged to respond to the latest changes in the overall consumer and retail environment. The future of the apparel industry depends on manufacturers and retailers focusing on the current needs of each critical consumer segment.

Fashion will meet and conquer new frontiers. With each change, fashion returns to its roots of accessibility and identity, reaching out to new audiences through technology and adapting its values and ethics to meet the needs of sustainable, size-conscious fashion.

For fashion retailers, it’s time to try on these easily transitional changes. To help you to grow and win in this competitive and rapidly changing marketplace, ChainDrive provides the most comprehensive and in-depth global view of the apparel industry based on a best-in-class point-of-sale (POS) system with real-time consumer data.

We also offer BI and analytics solutions such as new product forecasting, segmentation, pricing and promotion evaluation, market forecasting, and more. ChainDrive’s retail analytics solutions leverage these unparalleled data resources to provide data-driven insight as you navigate the complexities of a changing market landscape.

Retailers who want to compete in the future must consider all of these trends. If you want help scaling your fashion brand with ChainDrive, request a free live demo with us today.

Filed Under: Apparel Tagged With: apparel industry, apparel retailers, apparel software

How can I improve my retail clothing sales?

August 30, 2021 by Multidev Technologies Leave a Comment

apparel retailing

According to the apparel retail industry analysis, today’s key battleground is apparel retail, both men’s and women’s products. This product category has hundreds of companies on the market. As a result, it’s critical for retailers to keep certain factors in mind in order to boost retail sales and establish themselves as a successful brand.

An apparel retailer can operate your clothing business more efficiently with the appropriate operations management software. Here are five unique apparel retailing strategies to improve your apparel retail industry analysis and operational management, ranging from inventory allocation to performance management to improve your retail clothing sales.

5 Ways to Improve Apparel Retailing Sales

1.Intelligent product assortment: Sorting your clotheslines may be a heavy task itself. Each of your fashion designs and items may have several SKUs that are so identical that they are easily confused. For example, a garment from a specific brand and manufacturer may come in various colors, each with a distinct SKU that could be just one number wrong. It’s essential to be able to sort them out quickly with the right apparel software.

2.Smart allocation: When you add the nature of merchandise allocation to the intricacy of product selection, it becomes much more difficult. How many of each SKU do you need to ship to each location? The proper operational solution can assist you in swiftly and efficiently resolving this issue.

3.Effective Product analysis: Metrics are essential in every retail business. You must examine each SKU and know how much you are selling, how much you have on hand, and where it is situated for fashion retailers. 

4.Automated restocking: Set your own replenishment guidelines so that each item in your inventory is ordered far enough ahead of time to arrive in the shop and on the shelf. You may have it ready to buy in the shop and on the shelf at the correct time. Whether you’re talking about seasonal or between-season inventories, you need to get your goods on the shelf as soon as possible to maximize your return on investment. ChainDrive ERP solutions for apparel industry manage your inventory, saving time, smooth operation, and accurate motion control.

5.Operational performance management: If you want to pay your staff what they’ve earned and budget your commissions and sales appropriately, you’ll need to track and monitor their productivity. It all comes down to selecting the appropriate operational solution. As a clothing store, you have specific requirements that must be met in order to maximize operational efficiency and profit. That’s why ChainDrive apparel retail management software is here to meet all your retail needs in a single solution.

ChainDrive ERP for apparel industry allows managing items of the same product family to offer unique grouping functionalities. In addition, you may see them as an entity that makes management processes such as the right purchase, distribution, and replenishment operations easier.

Filed Under: Apparel Tagged With: apparel industry, apparel retailers, apparel software

New Apparel ERP Solutions for the Next Normal

July 19, 2021 by Multidev Technologies Leave a Comment

clothing store software

ERP for apparel industry is used to manufacture, design, manage materials, transport and handle distribution processes, as well as manage work flows. A fashion ERP for example is a centralized database that keeps track of all sorts of corporate procedures and activities.

According to Statista report in 2021, Global retail sales of apparel and shoes were expected to jump from US$1.9 trillion in 2019 to above the US$3 trillion-line mark by 2030. Emerging markets particularly in the Asia Pacific rim and European countries where modernized industry players continue to see steady growth. Bare in mind that global demand for clothing for Asia Pacific region was expected to hit 38 percent by 2020.

If you adopt a robust ERP for apparel industry to work, you will definitely manage to harness overall productivity while improving the bottom line; so, will the entire customer journey of your fashion, textile, and apparel fan base. Many apparel manufacturers do not rely on seamless ERP systems to cope with pain points and blind spots.

What are the main pain points in apparel manufacturing?

  • Silo thinking – Apparel manufacturing is a complex process that necessitates systemic synergy among all departments and stakeholders (fabric store, sampling, spreading and cutting, sewing, QA, finishing and packaging, accounting, etc.); hence the importance of seamless and fully-integrated software systems that can bring together different standalone modules and components.
  • Inadequate real-time management – Real-time viewing, editing, and reporting has become a basic requirement in today’s manufacturing world. Businesses must find a agile and worry-free solutions which harness collective intelligence and overall collaboration.
  • Data security– Purchase order, sales order, cost of manufacturing, data sheets, industry specific brochures, HR files and data sheets for employees are some unavoidable documents that are usually overlooked due to outdated security protocols, gear or lack of training. An old data storage process should be replaced, upgraded or migrated to a cloud storage, which offers Realtime monitoring at anytime and from anywhere.
  • Overstocking or inventory stock outs may lead to goodwill depreciation and further dissatisfaction of customers. Raw material prices are steadily rising, and poor planning can result in missed opportunities and increased expenditures. Styles are continually changing, and vendors are placing smaller orders to keep up with the shifting trends.

Having the right ERP system is mission critical when it comes to streamlining every operation within and apparel manufacturing business in today’s disruptive technologies and changing landscape. Company Resource Planning (ERP) is an integral business application that allows you to systematically manage cross-channel business operations, improve productivity and harness overall agility.

The right ERP platform can lead to a substantial economy of scale such as reducing printing costs, IT personnel, saving time and expediting information flow and collaborative inputs. As result, best ERP for apparel industry like ChainDrive are meant to help its users make tangible and intangible gains by providing cutting-edge functionalities that can fuel or improve your balanced card processes and overall productivity standards.

Let us share with you some insights and advantages related to agile ERP solutions in the textile and garment manufacturing.

Just like human vaccines which were designed to boost body immunity systems against free radicals, a full-proofed ERP system can do wonders. Here are few takeaways:

1.Eliminating stock-outs and inventory silos: Apparel manufacturing ERP software allows you to understand your bottom-line costs while maintaining the proper merchandise mix across the organization in lean fashion. A quick and mobile WMS solution is essential for systemic and holistic thinking organizations.

2.Time management: Using an ERP software to quickly fulfil purchase orders while allocating the right person to the right work is a stepping stone in today’s world of agile transformation and business automation. This circle of virtue alone can reduce substantially human-centric errors, redundant data entry process, and other time-consuming chores.

3.Real-time monitoring & inventory tracking: Get rid of the tedious and inefficient practices such as manual replenishment or transfer of orders. Upgrade your 2.0 business software to a smart ERP system that allows you to track and report on resources in real time at the warehouse, at the floor, procurement, and shipping levels.

4.The dashboard in ERP acts as a central point for a number of functions: Production, Quality control, Supply Chain Planning, Warehouse Management, Finance, HR, Sales, Marketing, and Shop Floor Control are all easily accessible through the unified database and dashboard.

5.Quick & Accurate Analytics and Data: ERPs are meant to provide accurate information to authorized users working from any remote location; especially nowadays when most non-essential business are forced to stay close during lockdowns. Making informed decisions in the data driven age is essential for productivity, B2B and B2C relationships; be it with vendors, customers or among coworkers.

6.Visibility: Get a clear picture of your company’s performance. Real-time monitoring of your cash flow, balance sheet, and profit/loss. Learn about the company’s profitability and much more.

ChainDrive Apparel Management software has been at the forefront of retail business automation, order processing, stock control, predictive product planning and smart replenishment. The fully integrated applications allow tracking and monitoring, reporting, finance and cross-channel optimalization as intuitive as it gets; let alone the avant-garde CRM. Apparel Management’s typical features include: production, forecast and inventory, storage, order processing, supply chain management, allocation & sales, shipping, accounting, reporting and system management among many data-centric capabilities.

If you want to discover or learn more about smart Apparel ERP systems such as ChainDrive and how it can help you scale your hybrid retail operation and get ready for the New Normal, give us a call today or log on https://chaindrive.com/free-live-demo/ to book a courtesy demo with our apparel ERP software specialists.

Filed Under: Apparel Tagged With: apparel industry, apparel retailers, apparel software

5 Retail Fashion Apparel Components And Tools You Need to Have in Your ERP Software & POS System

July 23, 2020 by Mercy Antony Leave a Comment

clothing POS software

Technology breakthroughs and rising consumer trends are reshaping the entire shopping landscape in the post pandemic era. However, even with the popularity of online shopping, it is important to remember that a lot of consumer still go into stores which offer exceptional shopping experience. Therefore, it is inevitable to provide your customers with the best user experience possible across the value chain. This being said, it is important to endow your retail management staff with the right apparel management software, POS ERP and omnichannel tools which could keep your stores revved up and help you improve your customer retention and loyalty before other competitors or aggressive market movers take them elsewhere.

Most Common Apparel Management Software Tools. But is it Enough Nowadays?

This short list of apparel retail management software tools is known to help retailers manage their store operations:

  • Point of sale
  • Inventory management
  • Customer management
  • E-commerce
  • Gift registry management
  • Maintenance of items on consignment and many more functionalities

Most of top retail management software providers and developers like ChainDrive are also designed to help their users manage employee back office needs, such as timetables management and fingerprint or signature integration among many points of sale needs and tasks.

But fashion clothing retailers have special considerations that you don’t necessarily see in other vertical markets like jewelry stores, pet shop, sporting goods, health and beauty stores. That’s why ChainDrive has stepped-up the game with an advanced operations solution that apparel retailers could always customize according to their niche market approaches and positioning. Here are some areas of optimization that keep on being overlooked or underestimated in retail management

5 five critical operational components every clothing retailer need to get under control

1.Product assortment – When clothing manufacturers create multiple size and colors, and fashion variations, of each clothing product they create, it’s important to be able to sort those products in an intelligent way. Smart product assortment saves time and money while making your retail operation leaner, more predictive and ultimately more profitable.

2.Product allocation – Not only do you need to sort your products, but you also need to allocate counts to each retail store. You can do this in a number of ways, and you maintain control over the rules that determine allocation according to the chosen parameters. The bottom line is, you know how much of each product will sell at each store, so you can allocate the SKUs intelligently.

3.Automatic replenishment – When you get near the end of your inventory for any product, you’ll need to replenish your supply as well. Don’t wait for inventory counts or manual inventory audits. Replenish your product automatically when you hit a store minimum or an on-hand minimum across the operation.

4.Planning – You cannot buy your products and establish your inventory if you don’t plan your retail operations down to the store level. ChainDrive’s operations solution for clothing retailers make the planning process easier by using an open-to-buy model.

5.Point of sale – Your point of sale terminal is where you meet the customer. This part of your operation must pay for itself, which it will as long as you capture the customer data efficiently. But you can still do that by merely integrating the point-of-sale terminal with the rest of your operations.

As you see, there is a lot more to your clothing retail operations than simply investing in plug-play retail software tools.

ChainDrive’s retail management software solution for clothing retailers takes care of the hard details for you so you can focus on your core operations efficiency in a worry-free environment.

Here are few more perks that come with ChainDrive:

ChainDrive system does bit more than many fast-fashion software bundles and pre-packed solutions when it comes to retail automation and end-to-end value creation. ChainDrive is also very user-friendly and agile system which can run on any contemporary browser on any smart device, including touch-screen systems, PCs, and Macs.

Moreover, it creates reporting analytics and inventory management dashboards including purchasing and receiving information in real time. 

For many retailers, wholesalers, eTailers and early adopters during and after COVID-19, ChainDrive retail POS Software has been a game changer and a life saver during the pandemic times when most brick and mortar stores were subject to mandatory lock down and extended periods of quarantine measures. If you wish to unchain your business and get more horse powers to spur your retail engine, ramp-up your recovery strategies you have to bet on systems that are geared towards boosting business immunity and resilience.

Filed Under: Apparel Tagged With: apparel industry, apparel retailers, apparel software

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