ChainDrive Planning (OTB)
Nobody jumps into business management without a plan. From the macro level where you envision your business’s brand, its products, its customers, and its size to the micro level where you’re looking at specific items, prices, phases, promotions, and so on, business planning is a fundamental aspect of success. Retail businesses looking to improve the open to buy system that they use to plan their future should consider ChainDrive retail management software.
We offer an extensive line of products that control all segments of your business, and our Planning (Open-to-Buy) OTB software component is built specifically to support the need for precision and thoroughness in planning ahead.
The first step to any plan is to understand what you’re working with, and ChainDrive open to buy system has you covered. With Segmented Views and Dynamic Controls, you will be able to manipulate data of all kinds to view your inventory, prices, and anything else so that you can gain a unique understanding of the products you have, your resources, budget, and much more. How much room do you have to introduce new products or additional inventory, and how will it be managed? Once you’ve identified this key information, you can move onto the Plan, Validate, and Lock features to allocate resources, control inventory levels, and generally plan ahead for success.
With the Multi-Seasonal Planning feature, our retail Open-to-Buy software supports businesses that rely on seasonal products that need to be phased in and out in order to reach customers at their moments of need. This may include apparel retailers, footwear retailers, or other specialty businesses. Other types of retail establishments could benefit from this feature, too – consider it a quarterly planning module.
These are just a few examples of how our Open-to-Buy software supports retail businesses of all kinds. Read more about it and consider whether it might be right for you!