Stay On Top Of Retail Product Management
Product management needs consistent, comprehensive oversight. Monitoring every purchase, receipt, allocation, sale, transfer, and more across all your channels in real time requires a software platform that can seamlessly integrate all your data.
The ChainDrive Inventory Matrix is a power module that centralizes and facilitates the complexities of product management. It has been developed with the input of many experienced retailers, tested and tweaked to become “the one stop module for purchasing, simulations, allocations, pre-distributions, transfers, and much more.”The result is the ability to centralize inventory management and effectively manage your most valuable asset.
Along with the Matrix, ChainDrive Product Management includes dynamic style creation, cost & price management, transfer optimization, and user-definable attributes. This enables a completely accurate analyzation of your merchandise. When you see exactly what you have and where it is, you know you are on top of your product management.
The Features You Need
Because ChainDrive is designed specifically for the unique needs of our clients, it is guaranteed to have the features you need. In fact, customization for a particular business is done all the time. In the basic product management component, most retailers have what they are looking for:
- The ability to centralize inventory management
- The versatility to transfer inter-store in multiple ways
- The functionality of user-assigned attributes for product grouping
- The precision of real-time status regardless of location
- The seamlessness of complete integration to accounting
- The efficiency of multi-level hierarchy
These basic features of ChainDrive’s Product Management component are exactly what most retailers need but customization is simply a matter of working with your support team and figuring out what will fit your situation. Because the structure of the platform is flexible, it can be adapted easily. This flexibility also means your data infrastructure can meet future challenges.
Staying On Top Of Future Challenges
One of the things evident in the sphere of retail product management is change. As shoppers use more channels and increasingly sophisticated technology, selling to those shoppers has required multiple adjustments. The lifecycle of a product has changed as well and managing all these changes requires the ability to access all your data in real time, analyze it in context, and incorporate effective action.
ChainDrive Product Management gives you the power to stay on top of what is happening with your inventory and the tools to manage this valuable asset with confidence.