Tagged: OTB

retail forecasting

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...

retail planning

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...

chaindrive services

Protect Your Profit With OTB

You can protect your profit by establishing a safety margin of budgeted resources with Retail Planning (Open-To-Buy) Software. The way you plan your OTB safety margin is up to you. This customization is essential because...

wholesale inventory management

From Open-to-Buy to Open-to-Sell

ChainDrive is the retailer’s dream tool. It’s also the dream tool for wholesale managers. We prove that by offering a solution that takes care of the needs of both managers. In retail, without Open-to-Buy,...

Web marketplace and e-commerce

How Quickly Do You Fill Web Orders?

One of the biggest challenges for retailers today is integrating their e-commerce store with their traditional brick-and-mortar operations. If you think selling on the Web is an apples-to-apples comparative operation to brick and mortar,...

How To Manage Gift Cards

Every retail business has a few things in common. No matter what vertical or channel you serve, you still run promotions. You may run new customer promotions, favored customer promotions, specific product promotions, geographic...