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Why
do I need a MarginMate Store Management Solution?
All specialty retail is undergoing an escalating rate of change
in supplier pricing, and is also experiencing a growing rate of
specials, sales and other spot-price changes. For example, the
carpeting sector of the floor covering industry is facing record
numbers of price changes due to fluctuations in the cost of oil.
Retailers are failing to accurately manage these changes due to
the fact that little or no automated systems exist to ensure timely
and consistent results. The simple manpower costs to accurately
manage these changes on the store floor manually, plus the missed
opportunity cost of the lag in price consistency with the current
supplier costs are the primary reasons that this product is a
necessity for success.
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How
much time can I save by using MarginMate’s solutions?
Changing prices manually is a very labor intense activity, with
a single person performing 60 changes per hour at best. MarginMate
ESL solutions can update up to 50,000 prices per hour.
MarginMate HHS
provides immediate access to new pricing once a scheduled change
occurs.
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