Wholesale Management and ChainDrive’s “Open-to-Sell”

Many retail businesses do much more than simple in-store sales and transactions. One of the best ways to expand your business is to engage in wholesale practices. Buying, storing, and selling in bulk is an opportunity to make money, save money, and generally increase performance across the board. That being said, taking on the duties of a wholesale supplier means that you will have even more areas of business to oversee. Thankfully, ChainDrive’s retail management software package includes a Wholesale Management component that helps you process orders, obtain client and inventory status information, and monitor the productivity of your agents and sales representatives.

With the “Open-to-Sell” feature, which mimics ChainDrive’s effective Open-to-Buy tool, your sales force will have real-time access to all uncommitted (unsold) inventory and they can use that information to confirm orders or help potential customers make a decision regarding their purchases. The system updates in real-time so that you can have the highest possible turnover by eliminating any downtime waiting to confirm whether or not products are still available.

The software’s Productivity Reporting gives you a thorough view of the performances of your various employees. Your sales agents’ and representatives’ productivity can be analyzed through here and this information will help you make important decisions about commission and so on. The Commissions Engine helps apply your decisions about payment, as well. The engine’s ability to apply user-definable rules makes it highly flexible and adaptable to any retail setup.

Use Wholesale Management software in your business to take control of this important aspect of retail!