How Does Software Help Apparel Retailers?
Apparel is a multidimensional product — for example, a shirt can be made in many different sizes and colors. This means that retailers selling that shirt have to be able to keep track of every size and color that particular style comes in. Not having the shirt a customer wants in the size and color they want means not making a sale.
In addition to multiple sizes and colors, shirts that sell in the winter may not be the same shirts that sell in the summer. Seasons and fashion trends make a big difference in what customers are looking to buy. Retailers have to be able to take the multiple dimensions of apparel and keep track of the details in order to stock what people want, when they want it. Money spent stocking shirts nobody wants is money that could have been invested in inventory that turns a profit.
Software For Apparel Retailers
The nature of apparel retailing is so complicated that it takes specific tools to manage all the details. Software is one of the best tools for retail, but that software needs to be designed for the unique challenges of the specific business.
Look for features that have been developed in response to the real world of retail. At the very least, demand these basics:
- capable of maximizing Point of Sale potential
- allocation & replenishment options that meet your high expectations
- performance indicators for detailed analysis
- integrated functionality that spans all channels end-to-end
- coordinate grouping to manage related products as one entity
When it comes down to it, apparel retailers need to purchase the product assortment that will sell. Eliminating poor sellers and automatically replenishing popular items will increase cash flow, enabling the business to succeed.
ChainDrive Integrated Retail Management Solution is perfect for Apparel Retailers because it has been designed by experienced retailers in response to the multidimensional realities of the industry. Request a free live or online demo to see how this software will help you today.
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