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Open to Buy Wizard for RMS Store
Operations
Open to Buy Made Easy |
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Making
a Sophisticated
Process Simple
Open to Buy is a concept that is used
throughout the retail industry. It has
a reputation of being very complex,
difficult to understand, and even more
difficult to put into place. We have
worked with industry leaders and
specialists to come up with an open to
buy solution which directly integrates
to Microsoft Retail Management System
(RMS) and, most importantly, makes the
process of creating your open to buy
plans, updating sales and inventory
data, and putting an open to buy
strategy to use straight forward and
easy! The result is a huge savings in
inventory cost, and an increase is sales
because you are able to make better,
faster, and more accurate buying
decisions.
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Setup
and Basic Budget Planning
The basic budgeting information for the
organization is entered on the annual
shop setup screen, including basic
budgets, cost of sales, turns, etc.
Each Department can have unique
performance standards; you can fine tune
the department figures on the Annual
Setup—Departments screen. As you make
your entries, recalculations are made at
the Shop Level and copied down to the
Category Level.
The Setup—Categories screen is the
primary management screen and profit
generator. Every Category can have it’s
own performance standards which are
calculated by the program if a full year
of past history is available. As each
entry is made, the “Average Inventory”
is recalculated and savings can be
reviewed. All previous entries at the
Department and Store level are
recalculated to reflect the detail
entered at the Category level.

RMS
Data Integration
Integrated directly
to RMS Store Operations, with a simple
click of a button, you get all of your
important data imported into OTBW in an
instant!

Open
to Buy; Ready to Use
The O-T-B
Report is dynamically updated and ready
to use. The Program always opens with
the current month in the left column and
displays a seamless calendar for 12
forward months. This provides simple
solutions to the two tough questions –
How much to Buy, and When to have it
delivered. That leaves the Buyer full
discretion to choose vendors and
merchandise. The Departments can be
expanded to display Categories for more
detailed analysis.

Retail
performance data is also available at
your finger-tips with built in reports,
including: Executive Summary Report,
Annual Comparison Report, Shop Report,
Plan vs. Actual, etc.

Pricing
Retail pricing is set at
$2,995 per Location.
Call
for Reseller Pricing.
Downloadable
Brochure
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© 2006 Retailer Technology |
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