How Big Do Retailers Need To Be Before They Need Software?
Some people think a smaller retail business doesn’t need the same kind of tools that the huge chains must use to keep on top of things. But that isn’t the truth! In order to make profitable buying decisions and ensure adequate stock levels, every size of retailer needs to plan. That planning is best done with professional retail management software that can adapt to their unique application.
In fact, a smaller operation has much less room for mistakes because any decision affects a larger percentage of the overall budget. There simply isn’t enough other income to compensate for poor planning. The good news is that ChainDrive’s integrated retail management software can be implemented in a small business to maximize every aspect of the operation profitably.
ChainDrive Planning/Open-To-Buy
The Planning/Open-To-Buy component has been designed to offer flexibility, dynamic controls, and user-definable views so that planning can be done in units, dollars and/or at cost, down to sub-class. Graphing and other performance indicators can be customized so that comparative analysis is accurate.
Forecasting is accurate because you are able to access all your own data and leverage historical contribution patterns and real-time information from any aspect of the business. Multiple seasons are easily monitored, maintained, and planned for simultaneously. Variables can be incorporated seamlessly, allowing for profitable decisions.
The software is designed to adapt to a variety of users, business requirements, and analytical viewpoints. That means a small business can invest in ChainDrive and grow without needing to change the foundational software in place. As the business grows, the software keeps up with the changes because ChainDrive provides client care and support throughout the process.
Retail Management Software Plan To Grow With ChainDrive
The Open-To-Buy category in a retail budget is an acknowledgment that the future is not completely predictable. Retail is an industry that depends on many factors so flexibility is crucial. Planning for changes keeps that change positive and profitable.
ChainDrive has a free live demo that shows how our integrated retail management software provides solutions for the challenges retailers face — no matter what size their business is today. Explore the potential your business holds when it is equipped with the right software and support. Your retail planning is only the beginning of what is possible when you use the right software for your business. Plan to grow with ChainDrive!