Effortlessly track, analyze, and manage your merchandise financials and Open-to-Buy, all in one place.
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In-Stock
Percentage
Reduction
in Lost Sales
Reduction
in Inventory Cost
Transform top-level goals into detailed, actionable merchandise plans. Any changes made at the store, department, promotion, or purchasing levels are automatically reflected in overall merchandise and financial plans. This gives a unified view with unmatched clarity. Our Open-to-Buy plan serves as a strategic guide for purchasing decisions, helping you manage inventory levels efficiently across all sales channels to maximize both profitability and inventory turnover.
Review past performance and align it with strategic direction. Create a detailed open-to-buy plan by channel, ensuring transparency at every hierarchy level.
Spot opportunities within categories to scale up or scale down, driven by trends and forecasts.
Integrate inventory strategy with sales objectives, whether for individual channels or across your entire retail operation, for enhanced flexibility and insight.
Factor in markdowns and reductions directly into your inventory and purchasing plans.
Maintain real-time visibility into key margin metrics for each channel and the entire business, ensuring your merchandise strategy aligns with profitability targets.
Build detailed plans for promotional and permanent markdowns to sustain profitability.
Streamline your planning process with powerful plan seeding tools and effortless integration with in-season data, minimizing manual intervention.
Adapt your in-season open-to-buy strategy with ease, responding swiftly to evolving business conditions.
Enterprise-level approval workflows: Multiple users, managers, and an efficient approval process.
Flexibility
Open-to-Buy planning empowers retailers to carefully manage inventory levels, striking the right balance between overstock and shortages. Achieving this equilibrium minimizes markdowns and ensures retailers can capitalize on sales opportunities.
Enhanced Cash Flow
By optimizing Open-to-Buy planning, businesses avoid locking up capital in excess inventory. This allows retailers to reallocate financial resources to other vital areas like marketing and business expansion.
Increased Customer Satisfaction
Open-to-Buy planning helps retailers consistently meet customer demand by ensuring products are readily available. This reliability strengthens customer loyalty and promotes repeat purchases, which are critical for growth in today’s competitive retail environment.
Enhanced Decision-Making
OTB provides retailers with a structured framework for inventory planning and purchasing decisions. This allows retailers to focus on products that align with sales targets, allowing for data-driven and informed choices.
Increased Profitability
By optimizing inventory and reducing markdowns, retailers can improve profit margins. Proper use of OTB contributes to more efficient inventory turnover, which ultimately drives profitability.
Book a free demo. Learn how to increase efficiency, elevate productivity, and expand your business with smarter merchandise planning.
Book a 30 minutes DemoContact us to learn more about open-to-buy planning and how it can transform retail operations.
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