Open To Buy
Integrate your top-down inventory controls with your daily inventory purchasing using Open To Buy from Direct Tech.
Create an Open To Buy (OTB) plan, by month, by company. or by product category, including inventory levels, sales, purchases, and weeks of supply metrics. Report current projections of those metrics against the budget, and create, view, compare, and change plans as needed.
Open To Buy works the way you need it to, so you have the information you need to more accurately match supply with demand at the planning stages and make changes at any time to:
- Increase financial oversight over inventory
- Optimize available financing
- Monitor and manage inventory turnover and cash flow objectives at multiple levels
- Control access and authority to provide information as needed while preventing unauthorized access
- Identify purchasing disparities that require attention
No matter the size of your company or the complexity of your products and categories, Open To Buy makes it easy to stay in control with the ability to:
- Set inventory budget by company and product category
- Manage and report metrics by month that include inventory, sales, receipts, gross margin, and weeks of supply
- Compare budget metrics to current forecasts and prior year actual results
- Integrate with forecasting and Master Scheduling to monitor current demand and inventory plans
- Manage security to provide users with either modify or view-only access
Contact us today for more information or for an online demonstration.
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