Category: Product Management
There is a good reason why retailers want ChainDrive Product Management as part of their integrated retail management solution. That reason is the ability to manage all stages of the product lifecycle in real-time....
In retail, there are a number of ways to increase profits. Reduce expenses and increase sales are two very basic ways to impact profits. Do both and you are guaranteed to increase profits. But...
Product and inventory management is one of the most important aspects of running a successful and profitable retail chain. If you want to maximize profits, you’ll need to control your inventory. ChainDrive offer these...
Every retail store and chain, regardless of sector or the products you carry, has to manage inventory effectively. Without control over your inventory, you have no way of knowing whether your products are gaining...
There are two key components to profitability in retail: Controlling expenses and pricing your product optimally. A part of controlling your expenses is buying the right amount of product at the right price. If...
Product Managers have to do many tasks within their sphere of responsibility. For example, tracking the status of all the inventory all the time and making sure that each individual item is priced correctly...
As the saying goes, a chain is only as strong as its weakest link. That illustration loosely fits many different scenarios, but for product management, it’s perfect. The chain that connects the lifecycle of...
Today’s retail landscape is like nothing that retailers have seen in the past. Multiple channels, customers with smartphones, and vast quantities of data make navigating tasks like price management overwhelming if traditional spreadsheets and manual...
Product Management software is no longer a nice thing to have in a retail business. With the multiple channels we now operate in, there is more data to deal with than has ever been...
Retail product management is an extremely challenging endeavor unless there is a way to find the product you are looking for and do something about it. This is why Retail Product Management Software should be designed...