One way in which a retail business can broaden its horizons and work towards new levels of success is through engaging in wholesale transactions. Buying and selling in bulk can save money, make money, cut down on time, and generally increase efficiency and performance across the board. With that being said, managing wholesale operations can be a different beast altogether from general retail management. That’s why ChainDrive offers its customers a comprehensive software package that includes Wholesale Management software, a component with all of the intuitive features and tools you will need to successfully run a wholesale business.
The handy Open-to-Sell (OTS) feature shows you and your sales team all uncommitted (unsold) inventory in real time. This means that at any given moment, you and your employees will be able to know how much of a given product is available for any wholesale requests there may be; additionally, it can show you when you’re getting low on products and may need to restock. Open-to-Sell can act as a central hub for wholesale professionals; leveraging it properly increases turnover and ROI as a whole.
With the software’s built-in Productivity Reporting, you will be able to take a closer look at the performance of your sales agents and representatives. Landing big sales and establishing strong partnerships is a vital aspect of wholesale business; use this tool to be sure that your employees are putting out the best work possible in order to drive your business towards its goals.
These are just a few examples of the benefits of ChainDrive’s Wholesale Management software. Pick it up for yourself and see what you’ve been missing!