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Can We Help You?
with Open-To-Buy
“We’re having trouble knowing how much we need to buy, and when we need to bring it in. We've heard about Open-To-Buys, but we're not really sure what they are, and if we need one. Can you help us?”
Yes We Can!
The first thing to understand about Open-To-Buy systems is that few small retail software packages include them. So it’s not at all unusual to feel you don't have the necessary tool to manage your inventory. At its simplest, an Open-To-Buy is a tool for developing a monthly sales, inventory and receipt plan by category that ties back to overall company budgetary and financial objectives. But an OTB is also a dynamic tool for adjusting sales and inventory plans in season, and managing actual inventory levels. At it's most dynamic, an Open-To-Buy can be constructed to manage the entire merchandising side of your business. We understand that without an Open-To-Buy managing your purchasing can be a bit like shooting in the dark. We’ll take the time to listen to you and learn about the nuances of both your business and your system’s reporting capabilities. Then we’ll work with you and your team to build an Open-To-Buy tool that’s right for your business, help you implement it, and be there to help you understand how to get the most out of it. Implementing an OTB can lead to tremendous inventory productivity gains, increased sales and improved profitability, and begin to pay a cash flow dividend almost immediately.
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