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Technology has become an intrinsic part of our lives. Today, most businesses are built entirely around a specific technology platform. Department stores, while they’ve been around for decades, can employ some of the latest...
In retail, product management is one of the most important operational concerns. If you don’t manage your inventory effectively, you could have tons of losses, which eat into your profits, spend countless hours looking...
Managing a retail chain is loaded with challenges. There are so many moving parts that have to be managed that it can’t all be done by one person. However, with the right retail operation...
Department stores have many challenges that are retailers don’t face. One of the primary challenges is managing multiple lines of inventory for the various departments within your store. It’s sort of like having multiple...
Operations management for a large department store, especially for a chain of large department stores, can be quite a challenge. When you sell merchandise in many different product categories–such as sports, clothing, toys, furniture,...
Managing the location and status of your merchandise requires the ability to see things in real time. Monitoring purchases, receipts, allocations, sales, transfers, in-transit, on-hands, and all the rest of the details you need...
Numbers are useful things, but numbers can only be considered useful when they are viewed in context. That is why ChainDrive developed an accounting component for the Integrated Retail Management solution that puts every transaction...
The decisions made by your merchandising team affect what happens throughout the enterprise. That’s why it is important that these decisions are made by using accurate, real-time information that is comprehensive. Without the proper...
There are many potential strategies and tools being developed for retail operations management. Some of them seem to have stepped out of the pages of science fiction, like the artificial intelligence mentioned in a...
How does your e-commerce solution handle data? How should it handle data? The proverbial “it depends” just won’t cut it any more. There needs to be an effective and efficient way to handle data...
