Powered by Multidev Technologies | 1-800-820-1412
Managing retail operations holistically means focusing on each aspect of the business and managing each essential element of the operation effectively and efficiently. To be profitable, you can just focus on the business as...
In retail planning, open-to-buy (OTB) is one of the most important concepts to understand. By calculating your OTB you can ensure maximum profitability and keep your inventory management practices on target. Here are the...
Real-time inventory monitoring is a key feature of the ChainDrive E-commerce Gateway. But what are the benefits of this monitoring? In a word, it saves retailers money. Here are 6 powerful ways you can...
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...
Retail key performance indicators (KPIs) are important metrics. They help retail managers understand their customers, business, and revenue situation better. If you want to run a profitable retail operation, then keep an eye on...
Retail metrics is ever-changing, but there are some things that remain the same. If you are a retailer in 2019, here are 5 important metrics you must track to remain competitive and profitable. Traffic...
Retail stores, and retail chains, are profit centers. In order to turn a profit, you have to shell out money for expenses — overhead, merchandise, payroll, and more. In order to manage the operation...
Analytics is one of the most important aspects of retail operations management. Without it, you have no idea how your business is doing or what you can change to improve your operations. One of...
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...
E-book distributor Smashwords has done some studies on e-book pricing, and what they’ve found is that $2.99 is one of the best price points for e-books in any genre, hence the reason that is...
