How Our Open To Buy Software Works
THE OTB BOOK is an easy-to-use open to buy software system that will help any retailer to plan and control their buying in each merchandise category, each month, 12 months into the future. Ordering proper quantities for delivery at the right time will result in improvements in merchandise timing, freshness, turnover and cash flow. Reductions will be seen in excess invoices and markdowns.
The program self-installs, creates an icon on your desktop and is sequential in terms of guiding you to input your store information. It really is easy. THE OTB BOOK Software will run under any version of Windows from 95 through Vista.
Setting up our open to buy software should take between 3 and 5 hours, and the monthly maintenance should be 1 to 3 hours (or less) per month.
As soon as the Setup is complete, you will see where your current inventory is too heavy or too light and you will be able to analyze your outstanding orders to see where you are overbought or still have dollars to commit.
At the end of each month, you will be able to analyze each merchandise department in terms of sales, beginning inventory, and turnover – actual vs. projected – to see if trends are beginning. With this information, and your determination as to why you are seeing these differences, you can make revisions to your future plan so you stay right on target whether business is rising or falling.
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