Which Retail Product Needs To Be Managed?
Retail product management is an extremely challenging endeavor unless there is a way to find the product you are looking for and do something about it. This is why Retail Product Management Software should be designed to access all the channels in a business, from one end to the other. Product managers need the ability to monitor purchases, receipts, allocations, sales, transfers, in-transit, on-hands, etc. regardless of location and in real time. This monitoring needs to happen seamlessly and simultaneously, so the information is accurate and the analysis is correct.
Find What You Need With ChainDrive’s Matrix
The secret to seamless, simultaneous monitoring for product management is in centralizing the database of the retail business. Having all the information in one secure location means there’s a lot of data to go through, but the matrix power module has over 30 product data attributes available so it can handle the job. Whether you are looking for one particular product or many, the matrix can handle purchasing, simulations, allocations, pre-distributions, transfers, and more.
It’s also designed to handle projected impact of actions before they are taken, giving the product manager greater insight into the consequences of a decision before it is made. This provides an opportunity to add or change factors in the action before implementing it.
ChainDrive has built the matrix into its real-time product management component because this integrated retail management software solution was designed with the input of real retailers who are familiar with the challenges of every aspect of the business. But since each retail business faces unique challenges, the ability to customize the software is part of the plan.
When you follow the link for the free live demo, you’ll see options for customizing the demo to make your request fit what you are looking for. Just as finding the exact product in your inventory is necessary before it can be optimally managed, so is finding the right software to do the job.