How’s Your Merchandising Control Working?
Merchandising is one of the most challenging aspects of retailing. From an individual store manager’s perspective, it means constantly moving merchandise around so that you put certain items on prominent display in order to move them faster. From a company perspective, it’s a much broader challenge. You could be moving merchandise from store to store, sometimes over great distances.
What you need is a way to get eyes on all of your merchandise company-wide in order to better manage your inventory and make informed decisions about where it should be located. That’s where ChainDrive comes in.
With ChainDrive’s merchandising solution, you assign your inventory items a control number, which makes it easier to track your merchandise.
You can group your merchandise according to easy-to-define categories that make sense for your business. Organize them by brands, styles, collections, seasons, or product categories. You get robust analytics and reporting so that you can see where your merchandise is located, how much you have on-hand, and what is selling.
If you have a store in Modesto, California that sells a lot of sunglasses, for instance, but doesn’t sell snow skis too well, then you can see the numbers, make necessary adjustments, and move your snow skis to a store that can move them – maybe Nova Scotia. By the same token, you can move your sunglasses from the Canadian peninsula to California, too.
In other words, with ChainDrive’s merchandising solution, you can make the decisions you need to make to keep your business running smoothly and to turn the biggest profit on the inventory you have – and should have.