Product Management Software keeps you in control
In a retail business environment, your products are without question your most important aspects. Awareness of their popularity, pricing, and markets will give you a leg up on your competition and allow you to make informed decisions about stocking and more. That’s why you need a powerful software system that can help you make these decisions by leveraging important information from a strong database. ChainDrive’s retail management software offers you just that. Its Product Management software includes a number of tools that help you regulate such important factors as pricing, tracking, and the supply chain.
Product Management’s flagship feature is its power tool, the Inventory Matrix. It’s an impressive all-in-one module that is designed to handle purchasing, allocations, simulations, pre-distributions, transfers, and much more. It includes over 30 data attributes in its system to account for all of the complexities associated with managing absolutely any kind of product. With the matrix, you can effectively predict the impact of a certain action before it takes place, and you can also effectively manage your inventory. It’s a hybrid tool that gives you a clear advantage.
The software also comes equipped with a Price Management tool that will help you decide the best pricing for your products. It uses historical sales data to help project the best decisions and stores analytical data that can show you how effective your prices change over time. It has the ability to make changes storewide or across multiple retail locations if you operate under multiple banners.
These are just a few of the powerful features that make Product Management software a must-have. Invest in it today and experience success like you never have before!