A retailer can get stand alone applications to manage various aspects of their retail business, yet integrated systems, like Retail Pro, remain the preferred and more efficient retail system.
Vendor management is just one element of a retail business. In a recent article, "Vendor Management for Small Retailers," it talks about working with vendors and swift replenishment. This has to be tied in with managing your inventory. Essentially, they go hand-in-glove.
That is why it is important that your relationship with vendors is mutually profitable. Take a look at the article and see if it helps put things into perspective.
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