Retail Merchandising software helps you control product cycles
Merchandising is an integral part of retail businesses of all kinds. Having the right products on your store floors at the right times and being able to make the correct decisions about allocation and replenishment methodologies is fundamental to turning a higher profit and attracting more customers. A successful retail business will be able to manage merchandising accurately day in and day out. ChainDrive’s retail management software package includes a Retail Merchandising tool designed to do just that. It’s your one-stop location for simulations, allocation, replenishment, and everything else related to your merchandising assortment.
Retail Merchandising’s Advanced Allocation tool gives you total control over allocation of any and all of your inventory. You can decide how you want to handle replenishment on each product, and you can limit or disallow automatic replenishment down to the SKU level. The software uses intelligent formulas to help you determine the best course of action. Proper handling of allocation and replenishment will improve turnover rates and contribute to a higher overall profit.
The software also includes an intelligent Size Analysis feature that will give you insight into how to choose the best ratio of sizes to stock on your store floors. For clothing and other size-based items like footwear and more, you’ll want to have the optimal range and amount of sizes for your customers. Retail Merchandising software can help you figure this out simply and effectively.
You’ll find a variety of other useful tools within the Retail Merchandising component, including a Cost Calculator, Analysis and Reporting tools, and Vendor Management. Take advantage of the diverse features and gain control over your products now!
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[…] job? Does your team know how to use them? Is there support available to optimize the use of your merchandising software tools? Here are the merchandising tools that retailers have […]