5 Inventory Management Musts for Apparel Retailers
The apparel industry is very competitive is built around trends. What’s popular this year may not be popular next year. On top of that, the trends are seasonal. So apparel retailers have to be...
Tagged: open-to-buy
How to Calculate OTB
In retail planning, open-to-buy (OTB) is one of the most important concepts to understand. By calculating your OTB you can ensure maximum profitability and keep your inventory management practices on target. Here are the...
5 Step to Better Retail Planning
Weekly, monthly, and seasonal retail planning is a necessary component to profitability. If you do not plan effectively, you could lose money. With the right retail open to buy software, however, you can get...
4 Ways to Make Retail Planning More Flexible
No matter what kind of retail store you manage, flexible planning is essential to profitability, better customer service, and effective retail operations management. Here are four distinct ways to make your retail open-to-buy planning...
Why Retail Planning Should Be Flexible
Planning for a retail operation is a big task. How do you know how many customers will walk in your door in the next three months? How do you know how many of those...
How To Handle Detours In Retailing Plans
Planning Software for Retail is essential, so the tools you use to plan for the future of your retail enterprise are essential, too. ChainDrive Planning Software/Open-to-Buy is designed to equip you to map your...
The Value of Data Integration In Retail Planning Software
Retail Planning is an important base to build your business upon. With the right planning, profitable buying decisions are made, adequate stock levels are maintained. In order to do this planning, however, there must...
3 Things Retail Planning Software Must Have
Retail planning has probably been part of every single retail business that exists. That gives plenty of opportunities to see where retail planning has been successful and contrast that success with examples of retail...
Picture Your Retail Planning With ChainDrive OTB
Open-to-Buy (OTB) is an important part of retail planning, as are the many other factors that make up the analysis and creation of a roadmap for the future of the business. But not everyone...
Successful Retail Planning Needs 2 Things
ChainDrive’s Planning Open-To-Buy(OTB) provides the tools that retailers have consistently requested in a professional retail management software suite. Because everything is completely integrated to the centralized database, all the information for a comprehensive, accurate...
