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 analysis of the business is there. This enables planning for the future with confidence, knowing that all the facts have been analyzed. In addition, the critical Open-To-Buy category in the budget can be both appropriate and flexible. This ensures the ability to handle sudden demand without guessing what the next fad will be.
Comprehensive, Accurate Analysis
ChainDrive provides a comprehensive collection of data that streams automatically from points all across the enterprise. All this information is stored in a centralized database, integrated and secure. This provides a complete picture of all that is happening in the business in real time. It also reveals deep insights when compared with historical data.
Segmented views adapt to the need of the particular task. Different viewers with various requirements are easily accommodated for unique analytic processes. The versatile modules provide safeguards in planning mode so specific areas can be locked while data is being manipulated. The plan, validate, & lock functions keep brainstorming sessions productive. The graphing tool enables powerful visual comparisons of any data in multiple combinations. All the analytical tools in ChainDrive’s OTB are designed to make planning optimally effective.
Appropriate, Flexible OTB
The goal of retail planning is to be prepared for the seasons to come with appropriate inventory and the flexibility to make appropriate adjustments to your inventory. Being able to view comparatives at all levels provides a corporate view that consolidates the entire year accurately. Seeing an accurate projection of all seasons enables each season to be planned in a pertinent, meaningful way that does not detract from the whole.
ChainDrive Planning OTB enables buying decisions to be powerful and profitable by looking at key performance indicators and accurately forecasting what can be automatically replenished. But since retailers know that things change, part of that accurate forecasting is predicting what will be needed before it is known. ChainDrive Planning Open-To-Buy provides the appropriate flexibility in the budget that gives the assurance of successful preparation to retailers faced with changes in demand.