Retail-1® OTB Open-to-Buy Planning
Integrate merchandise, store, and financial planning...
• Plan at Retail, Cost & Units by class
• Totally synchronized sales and purchasing
• Gross margin and GMROI projections
• Dynamic "What If"
• Stock-to-sales ratio scenarios
• Concurrent sales and product planning
• On-demand OTB re-trending
• "Lock" function for exceptional objectives
• Monitor and plan optimal sales turns
• EOP inventories with mark down provisions
and optimized sales
• Actual to plan variance reporting
Now the power of integrated merchandise planning is affordable and available to the small to medium specialty retail chains. Retail-1 OTB provides the tools to formalize and improve your entire planning process from corporate revenue and gross margin objectives to merchandise plans by class to store inventory and sales plans. Your planning process will be based on better information and decision-making for new merchandise, commitments to current categories, and assortments as well as commitments to current and new stores.
Retail-1 OTB supports both top-down and bottom-up planning scenarios. Multiple scenarios may be developed to evaluate merchandising and new store alternatives. Plan EOP inventories with markdown provisions to optimize sales. Retail-1 OTB provides progressive analysis of stock-to-sales ratios for minimal closing inventories.
Retail-1 OTB monitoring and reporting processes provide feedback on actual to plan performance and variance. Plan and continuously evaluate gross margin and GMROI performance.
