Planning Software helps you make profitable decisions
In the world of retail business, managers must make the right choices in regards to purchasing products and maintaining adequate stock levels to ensure that expenses are being used appropriately and that all retail locations have the products that their customers need. The larger your business is, the harder this task becomes – but even on the small scale, managing and planning for success is a tough job. Turn to ChainDrive’s retail management software package for a comprehensive solution to these needs. Its Planning (Open-to-Buy) OTB software includes all of the dynamic features you’ll need to take control of your stock and your purchases.
Open-to-Buy is fully integrated into ChainDrive’s centralized database and includes the dynamic controls, user-definable tools, and overall flexibility that you need to handle planning seamlessly. You can plan in units, dollars, and/or at cost all the way down to subclasses. The software also comes equipped with built-in graphing capabilities, the option to use top-down or bottom-up allocation, and a wide range of performance indicators that will give you valuable insight into the performance of your business. Monitoring these indicators as you make changes to your allocation methodologies and other related items will help you gauge how certain decisions affect your overall success.
The retail merchandise planning software also houses a Comparative Analysis feature that leverages historical data from your business’s past to match up with current or recent information. Establishing and analyzing comparatives gives you insight that will affect your future decision-making in a positive way, and it’s also a great way to show employees, partners, and other interested parties how your business has progressed and where you can expect it to go in the future.
Use ChainDrive’s powerful retail merchandise planning software in your business!
