Manage Your Vendors Seamlessly
It doesn’t matter what retail sector you serve, you’ll have to devise some way to manage your vendors with the right vendor management software. That includes invoicing, sorting products by class, size, and other important details, inventory replenishment, and more.
Several ChainDrive vendor management software modules include vendor management as a part of the solution. The Merchandising module is one of them.
When you keep tabs on your vendors, you need to be able to sort your products by size, class, and even color. You also need to be able to sort your vendors by type. If you run a chain of department stores, for instance, you’ll want to separate your home appliance vendors from your clothing vendors and from your tools and jewelry vendors too. Keeping those vendors separate will make product ordering a whole lot easier.
Web order fulfillment is another area where you’ll want to manage vendors. You can set the parameters/rules for when you automatically replenish your product. It’s a powerful tool. You can even track ROI per vendor.
Analytics is a very important aspect of ChainDrive’s vendor management tasks. You get eyes on every important metric so that you can track your vendors, your orders, and keep tabs on your invoices. Without this critical information, you could be losing money. ChainDrive vendor management software will help you find it and close the holes that is causing your financial leak. You can start today.
