Open to Buy is a powerful inventory management program scans your historical purchase and sales data and assigns point values to your inventory based on when it was purchased, when it was sold and how much profit you realized on the sale. Items that sell quickly and items with higher gross profit are assigned more points.
Open to Buy then ranks your inventory by point value to indicate what you should purchase. The easy to understand points system guides retail management decision-making to only order what can be sold easily, quickly, and at the best profit based on the company's historical data. And by monitoring the average cycle time for each sale, this sales and inventory system will also tell retailers exactly how much to order. It will even create a Purchase Order for you based on the items you approve.
Now you can review your entire inventory, individual vendors, even specific collections/designs/sizes to optimize your inventory and your cash flow. All it takes is a few minutes of your time and you can improve your cash flow by thousands of dollars!
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