Retail Management Software Blog Blog
Accounting isn’t the glorified aspect of retail, but it is one of the most important parts of the whole. Marketing and customer service wear the crowns, but accounting makes it possible for them to...
One myth of wholesaling is that it is a far cry different from retailing. It’s really not. There are a few differences, and we’ll cover what they are here, one of them being that...
Every retail store and chain, regardless of sector or the products you carry, has to manage inventory effectively. Without control over your inventory, you have no way of knowing whether your products are gaining...
Key Performance Indicators (KPIs) in retail help businesses plan and budget for the future. You should have KPIs for each aspect of your operation, but it helps to understand the benefits to having KPIs...
The rise of mobile e-commerce is one of the most drastic things to have happened to retail sales in a long time. Internet shopping was a big step for most retailers, but mobile changed...
You cannot run a retail chain in this century without planning for how you will fulfill Web orders. Your website, if it hasn’t already, will become a major channel for product sales. Customers will...
Customer service is the most important part of your operations. If you don’t take care of your customers, they won’t take care of you. But to truly deliver world class customer service, you need...
Retail planning begins with the right information. It doesn’t end there. Of course, your merchandise buying decisions depend on accurate information collected from the right sources. That’s why ChainDrive created a software module just...
You know the old adage, you can’t change what you don’t measure. It’s true. If you want to impact change within your retail chain, then you need to get in the habit of collecting...
There are two key components to profitability in retail: Controlling expenses and pricing your product optimally. A part of controlling your expenses is buying the right amount of product at the right price. If...