Planning (OTB) software helps you make profitable decisions
It’s widely understood that you can’t jump into a retail business head-first without some planning and preparation. You need to be able to understand your finances, your market, your products, and much more in order to develop a business that will be able to stay afloat. Planning isn’t just important at the beginning of your business’s life, though – accommodating for changes in the market and general shifts over time means being able to plan ahead and develop new strategies for success. ChainDrive’s retail management software package includes a Planning (Open-to-Buy) component that helps you make profitable decisions at regular intervals.
Our Planning software is designed to be adaptable to multiple users and multiple scenarios. The flexibility found in this module’s dynamic controls and segmented views allow you to analyze information on a number of levels and take action in a variety of ways. Segmented views allow you to choose the labels you wish to view, re-order them as necessary, and add or remove labels as you see fit. Beyond that, the “Plan, Validate, and Lock” feature lets you take action on a wide range of data with the added ability to exclude certain cells or groups of cells.
The software also supports planning by the season. Many retail businesses deal in products specific to a certain time of year – stores that stock apparel, for instance, will need to come up with plans for each season to maximize profit. You want to mark down prices on winter items in the summertime, for example. With Planning software, you can create seasonal plans and look at them in corporate view to ensure that your ideas fo reach season correspond with your overall goals for the business.
Use ChainDrive’s Planning software in your business!