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Centralized product management allows you to manage your inventory efficiently, effectively, and profitably. Here are 5 ways centralized product management is better for your retail chain. Real-time inventory status – With centralized product management,...
Retail merchandise is generally categorized into four different types, or classes. Chances are, as a retailer, you specialize in one of these four classes. But you needn’t merchandise your store only with one type...
Retailing in any industry today can’t rest on its laurels. Customers expect to be met through a variety of channels, and may even purchase products through several of those channels. Even customers with a...
Retail stores live and die by the point-of-sale system. If your POS isn’t delivering more sales, there are reasons why. Perhaps you should explore one or more of the following options. No real-time product...
A payment gateway, or e-commerce gateway, is an essential tool for any retail operation that plans to offer products through an online store. Whether your retail operation is an online-only storefront or you have...
How efficient your retail operations warehouse is laid out will determine to a great degree how profitable your retail business is. If warehouse workers can’t find product or maintain an inefficient workflow, it will...
When it comes to managing your products, every retailer can be more efficient and profitable just by monitoring in the real time kpi metrics for product management the following seven necessary product metrics: Purchases...
Retailers, online and brick-and-mortar, can improve their merchandising operations just by adding one solution to their operations. Here’s how to make your merchandising practices better with ChainDrive merchandising software solutions Product lifecycle management –...
Retail is no longer strictly a brick-and-mortar business. No matter what kinds of products you sell, from children’s toys to services, you will undoubtedly have some customers who want to buy from you online....
Earlier this year, J.C. Penney announced it wanted to make its department stores smaller. We can understand why. There are a lot of pressures pushing back against large department stores. Here are just a...
