In order for fashion businesses to succeed, they need the right tools in place. Apparel software is one of those essential tools, as it allows you to effectively manage your business and make data-driven decisions—decisions that will help you save money and grow your company. In this article, we will discuss the importance of apparel software and how it can benefit fashion businesses.
Why is an Apparel Software Management System Important?
As a fashion business owner, you need to be able to track your inventory, sales and expenses without fail. This is where an apparel management system comes in. It puts everything all in one place and organizes it in a solid structure. Once that is accomplished—vital information is easier to access, AND it’s more accurate.
Apparel software allows you to do all of this in one central location. This means that you can easily see how your business is performing and make changes as needed.
Additionally, the data that this type of software provides help you make more informed business decisions, thereby allowing you to elevate operational performance. Before long—efficiency is increased and your customers are satisfied—leading to better organization and growth.
3 Main Advantages of an Apparel Software
Here are 3 Main advantages that an apparel software management system can bring to your business.
1. You Can Easily Find What You Need
Fashion is a fickle animal, and you need to be able to move quickly to keep up with the logistics of ever-moving inventory in real-time. With an apparel software system, you can easily search for specific items and see what is in stock. This way, you can make sure that you always have the latest styles on hand and can make any adjustments needed.
2. You Can Control Your Data Like Never Before
Data is everything in the business world—especially when it comes to rapidly changing fashion trends. With an apparel software system, you can track your sales, inventory movements and expenses. This way, you can make data-driven decisions that will help you save money and grow your company.
Additionally, you can use this data to create detailed tests and reports that will give you a clear picture of your progress over time. This information is invaluable when it comes to making strategic decisions about your business.
3. Cut out Wasted Inventory Costs
One of the biggest issues facing fashion businesses is wasted inventory. With an apparel software system, you can keep track of your inventory and make sure that you only order what you need. This way, you can avoid overstocking your shelves and wasting money on unnecessary items.
On the other hand, apparel software can give you alarms that avoid stockouts—which can cause you to lose customers that are unhappy about not finding what they need.
The Leading Apparel Software Solutions
If you are an apparel business owner or decision-maker who wants to capitalize on software to help you gain a leg up over your fashion competition, you’ll want to check out the following solutions.
An ERP System
An Enterprise Resource Planning (ERP) system is a comprehensive solution that helps you manage your fashion enterprise from start to finish. It gives you the ability to track your inventory, sales and expenses in one central location.
Additionally, it provides you with the data you need to make informed decisions about your business. It’s simply one of the best things you can do for the rapid growth and success of your fashion business.
N41 is an apparel ERP company that offers a complete, scalable solution for fashion businesses. From start to finish, our software will help you streamline your operations and take your business to the next level.
To learn more about our apparel ERP solution, click here for a free demo.
CRM-Enabled POS Systems
A system that integrates a point-of-sale (POS) System and Customer Relationship Management (CRM) together is a boon to any fashion business. That’s because it allows you to track your sales, customers and inventory in one central location. Additionally, it gives you the ability to manage your customer relationships and loyalty programs.
Moreover, this dual system can speed up the capture of your customer information, identify your loyal customers and streamline the collaboration between customers.
If you want a CRM with your POS system, POS platforms such as Lightspeed and Clover come standard with built-in CRMs. As far as it being the other way around—though—where a CRM comes standard with built-in POS systems, it’s pretty hard to find that unique combination. However, Salesforce and Zoho come close.
Custom Tailoring Platforms
If you are a budding entrepreneur looking to create a new online business with the best-cloned script like ModernTailor, the Stitch custom tailoring platform is for you. In fact, you can create this type of custom clothing website on a small budget (under $1,000) when you use Stitch.
Stitch’s platform focuses on a client base that wants custom stitched shirts and suits but lacks the time to visit a tailor shop. These on-the-go customers can use your tailoring portal to do it online through your store vs. going to a brick & mortar store for fabric choices and measurements.
We are in the ‘try it before you buy it’ age when it comes to fashion and apparel. Therefore, if you are an eCommerce fashion company, you can benefit from apps and software that provides customers with virtual fitting rooms that lead to big increases in engagement.
Forma, which is now part of Snap, creates photorealistic avatars. The app’s first application features digital tryouts for e-Commerce shoppers. It helps these shoppers go from this ‘clothing item looks good online’ to ‘this clothing looks good on me in reality.’
Product Lifecycle Management Software
A PLM system is a product lifecycle management solution that helps you manage your product data. With a PLM system, you can track your product development, manufacturing, and distribution efforts in one central location. Additionally, you can use a PLM system to create detailed reports about your products.
Product lifecycle management software companies such as PTC and Dassault Systèmes offer complete solutions that include product data management, engineering collaboration and supply chain management. These companies offer the critical context, traceability, security and processes that’s required across systems and enterprise teams to ensure that product data is trustworthy and always accessible.
So, if you are not using apparel software, now is the time to start! Your business will thank you for it.
Reach Out to N41 for Your Apparel Software Needs Today
There you have it—the top apparel software systems you’ll want to check out for your fashion business. We hope you enjoyed our round-up and found it informative. If you have any questions about the content, especially when it comes to how N41 ERP can help you, please feel free to reach out to us at (213) 738‐1010. We would be happy to help!