Choosing a Good Retail Merchandising Software
If you intend to replace your retail management platform, a quick search on the web will provide several alternatives to select from. Yet despite all the marketing hoopla on seller websites, the answers you’re looking for may still be missing.
Now, the question is, with such an amount of offerings from various solution providers, how do you tell them apart?
First of all, can the system work with the entire range of merchandise you sell? Retail systems are not all created equal, and not every platform can handle all kinds of merchandise equally easily. Both too generic and too specific systems can cause issues in the long run. The differences among product categories can give rise to particular challenges. Pick a retail platform that is custom-made for your business, with further customization freedom for you.
Retail Channels Managed
Your retail management platform should be equipped for every single channels you operate in. For example, does it support brick-and-mortar retailing? How about e-commerce? Maybe catalog or franchising? How effective is the platform in enabling you to leverage fresh sales opportunities on every one of these channels?
This is especially important for retailers who cover the globe, or those who are planning to. Can the platform handle different languages, currencies, etc.?
Supply-Chain and Inventory-Management Features
Even with the targeted configurations and specifications, the functions of retail software vary hardly significantly from one system to another. The largest and most crucial differences likely exist in the inventory management and supply chain sections. This is the part in which your new software’s benefits will become crystal clear. Can the platform provide the replenishment and allocation features that you need? How are the functionalities combined with one another and with the larger system?
Evidence of User-Friendliness
As you search for a new platform, you may observe that most vendors claim to have an easy-to-use product. Due to these claims or promises becoming almost universal, they can be considered virtually valueless. To truly assess the user-friendliness of the software, you need to judge for yourself. At this early phase of the evaluation process, it’s good to ask the software vendor to let you use it . Is the interface intuitive enough for you? Can they give you a quick video overview?
Once you have reviewed the above, you should already know what to look for in retail management software. As you probably know, the planning stage is critical, and if you do it right, you will be protected from unnecessary problems in the future.