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Frequently Asked Questions
  AS A MANAGER, WHY DO WE NEED TO AUTOMATE?  Automation takes less time, is more professional and profitable than the very best spreadsheets or manual methods. Management companies need management systems and accountability.  There is too much money at stake not to automate.

AS A BUYER, WHY IS OTBW SOFTWARE IMPORTANT TO ME PERSONALLY?  Buyers can acquire a skill that will produce better results than an expensive monthly vendor.  Outside vendors earn their fees by improving retail performance.  You can become an in-house expert using OTBW and produce even better results.   Possessing a skill that you can demonstrate has direct measurable value to your employer is a career achievement!   We will provide you with a graph of your achievements.

HOW DOES OPEN TO BUY WIZARD WORK?    OTBW:

  • Is a software program which can be purchased for a one-time price,
  • Has unlimited support, and no monthly fees,
  • Is a simple fill-in-the-blanks format,
  • Is customized to your shop and classifications.
  • Updates open-to-buy forecasts dynamically as you make entries.
  • Works with any currency.

WHAT IS THE GREATEST MISTAKE MOST SHOP MANAGERS MAKE?     Failing to mark down and liquidate stale merchandise, which means continuing to buy into already over-stocked conditions.   Any spreadsheet or vendor or any other "o-t-b" method  that permits this is not an open-to-buy; it is just a subjective plan to continue purchasing without respect to inventory levels. This is both self-defeating and self-perpetuating.   

THE SOLUTION:   OTBW calculates optimum inventory levels for every classification in every month and constantly updates the purchase forecasts required to meet those inventory goals.   Your Job:  Rotate stale merchandise out to create open-to-buy dollars for fresh merchandise.   Achieving and maintaining optimum inventory levels is a powerful way to improve performance at any shop.  It is that simple.   Markdown Article.

IS IT COMPLICATED TO USE?    OTBW may be operated "top down" using a very simple plan, or "bottom up" to achieve the most accurate results.  Both are simple, but it is your choice.  

HOW MUCH TIME WILL OTBW TAKE?   The Stand-alone version takes about (1) hour per month data input time.     How do you presently make decisions? Every order necessarily includes consideration of (1) how much to order, and (2) when to have it delivered. Do you use mental estimates, spreadsheets or hand calculations? Do you review POS reports? Past Orders? Current Inventory? Seasonal Needs? Sales Trends? Do you do these things before placing each order? No matter how you do it, you are already spending time.  OTBW automates all this planning and eliminates the guesswork! 

WILL OTBW LIMIT MY OPTIONS?  OTBW  gives you more options and more control. Your judgment is always the deciding factor.  OTBW does not manage you - you manage it.

ARE THE SOLUTIONS AT-COST OR AT-RETAIL:
Either or both - it is your choice.  One click:        

YOUR BUYING GOALS OR VENDOR SALES GOALS?    Vendors and reps have sales goals.  They offer discounts, quotas, incentives, etc., to persuade you to meet their goals.    Open To Buy Wizard establishes your goals to buy what you need and have it delivered when you need it.   Many vendors will help you to meet your goals and also provide you with their best terms.   The software will adjust for whatever orders you place.

WHY ARE VENDOR REPS SO ENTHUSIASTIC ABOUT OTBW?

A. Appointments are more organized and time efficient.
B. Buyers know how much they need, and
C. When they want it delivered.
D. Buyers are not afraid to order in advance, and
E. They never have to cancel orders.
F. With a good sell through (at full price), fewer markdowns, and no stale stock, buyers will be back next year for more!

I AM A RETAIL CONSULTANT or A CORPORATE BUYER:  More than anyone, you should appreciate what has been accomplished. Automation will make your job easier and more time efficient.  Automation is the future and you should be on the leading edge for your client shops.  A 5-10% improvement in retail gross margins is a significant achievement that you can provide.   You can consult with, or buy for multiple shops and (manage) every one of them (remotely if desired) at maximum profitability. OTBW elevates the open-to-buy process to an entirely new level.

I AM AN EXECUTIVE IN A RETAIL CHAIN or GOLF MANAGEMENT GROUP: Management Companies should be the first to embrace new technology which allows optimized inventory investment, margin improvements, plus greater employee productivity and accountability.  

WHAT ABOUT OUR POS SYSTEM?  OTBW is compatible with any POS system.  It may be used: 
     (1)  as a Stand-alone program that uses POS reports, or
     (2) as a data integrated module of your POS system.   If you would like your POS company to to provide OTBW data integration, ask them to contact us.

WHAT GUARANTEE IS THERE?   The ultimate guarantee.  We provide a 90 day trial of the full featured program, customized with your classifications and planning standards.   Prove the value of the software to yourself before buying.  We provide unlimited no-cost support because the software works and is easily learned.
 

 

If excellence is your standard, OTBW is your program.

 

HOME  |  FEATURES  |  RESULTS  |  USERS  |  SCREEN SHOTS  |  FAQS  |  OTB BASICS  |  ABOUT  |  Certification  |  SITE MAP  |  ORDER