Footwear Retailers Can Maximize Profit With ChainDrive
Footwear is a market that has inherent challenges for retailers but ChainDrive’s Software for Footwear Retailers has been designed to meet each of those challenges with success. That success translates to maximizing profits because the management of your business becomes streamlined and efficient.
Why can ChainDrive make this claim? Because the integrated retail management software has a component specifically designed to handle the complexities of footwear retailing with features like these:
- purchase and distribute by pre-pack for accuracy throughout allocation
- mismatch management resolves issues like singles or size variance per pair
- intelligent size analysis for accurate reflections of true size performance
- multi-formula replenishment method monitors buying patterns
- real-time inventory lookup for immediate customer service
- automated transfers so located items are delivered in a timely manner
A Real Life Footwear Success Story
It’s tough to compete with the well-known online footwear sites because anybody with a smartphone can browse and buy from any location. In the case study, “The Journey From Brick-And-Mortar To Online Retailer” you can read the story of how Footwear Etc. made the move to omni-channel retailing with ChainDrive. The software was customized to their needs and the result was an increase in sales (25% the first year) and a reduction in inventory.
How does this work in real life? The centralized database and user-defined features enabled the footwear retailer to work with sites like Amazon and ship automatically. Inventory is seen in real time, completely, so that a pair of shoes can be pulled from a store or the warehouse with instant status updates. No need to stock separate inventory for store or website means no overbuying and replicated products stored for individual channels.
The system works well — so well that many of the customized features became standard for the Footwear Retailers component. If you are hoping to maximize your profit, investigate the potential of ChainDrive and see how it can work for your own real life footwear success story.
