Tuesday 14 August 2012

Open-to-Buy software for business planning | Retail Management ...

As much as we would like to be able to ?wing it? when it comes to running our lives and our businesses, most every successful retailer will know that planning is paramount to success. You need to be able to come up with targeted goals for your business and ways to get there. Thankfully, ChainDrive?s retail management software package includes a powerful Open-to-Buy software component that is built with all of the tools you need to plan for the future.

Open-to-Buy gives you the dynamic controls and flexible views you need to gain insight into every aspect of your business. You will be able to look at data on a variety of levels with the Segmented Views tool. Using sophisticated features in the software, you can ?plan, validate, and lock? ? meaning you can take action or plan to take action on a group of data and exclude certain parts as needed.

With Comparative Analysis, you?ll be able to take a look at current sales data and other important information side-by-side with historical data from your business?s past. This will give you insight into how you are performing compared to previous years and what is and is not working for your business. Getting the right analysis is the ?first step into making the correct changes to reach new levels of success.

OTB software also lets you graph data in any way you wish. This is a great way to help both you and your employees visualize information for better understanding.

Get ChainDrive?s retail management software package and plan ahead for success!

Source: http://chaindrive.com/blog/retail-management-software/planning-open-to-buy/open-to-buy-software-for-business-planning/08/13/2012

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