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OPEN TO BUY SOFTWARE
Gain full visibility of your retail budgets and align stock decisions with financial goals
Work from a clear view of remaining OTB to avoid overspending, and to enhance control over stock investments.
PROVEN IMPACT ON AVAILABILITY, INVENTORY & SERVICE LEVELS FOR +1,500 CUSTOMERS
The trusted partner in open to buy excellence
ACHIEVE FINANCIAL CONTROL AND ELIMINATE OVERSPENDING RISKS
Why Slimstock?
Through the Slim4 platform, Slimstock’s open to buy (OTB) capabilities help businesses to align orders with budgets, integrating cashflow constraints into the inventory process.
- Offset seasonality challenges: optimise forecasts, inventory, and spend even in sectors where demand fluctuates.
- Align procurement with finance: factor in exposure, real-time stock, backorders, and incoming orders.
- Clear visibility, always: maintain a real-time view of remaining OTB to enable better control over investments.
AN ALL-IN-ONE OPEN TO BUY SOLUTION
Benefits to help you maximise budget efficiency through real-time visibility
Align purchasing with available budgets
Slim4 ensures complete visibility of budgets, ensuring you don’t overcommit capital to inventory, which creates excess stock, which further saps finances.
Forecast and drive company growth
Slim4’s OTB functionality flags gaps between growing demand and existing budgets, allowing for proactive responses, and informed strategy for future company growth.
Feed off ‘what if’ scenarios for optimal decisions
Buyers often struggle to balance order advice with finance limits. Slim4 presents the impact of new orders on remaining OTB, so you can weigh-up decisions and make optimal investments.
Optimise investments with data-driven accuracy
Slim4 ensures stock levels align with financial constraints through clear visibility of real-time data. Purchasing strategies can then be adjusted proactively, to maintain availability in the most cost-effective way.
Operate with real-time visibility
Situations can change quickly, so Slim4 provides real-time insights into remaining budgets after considering all stock, backorders, and planned purchases.
Enhance collaboration across teams
Slim4’s OTB functionality automatically aligns purchasing, supply chain, and finance teams to encourage greater collaboration in real-time, and in longer-term strategic planning.
KEY FEATURES OF SLIM4 OPEN TO BUY SOFTWARE
Making inventory management simple for consistent retail success
Completely informed purchasing decisions
Slim4 provides real-time visibility of budget allocation relative to available inventory, so all purchasing decisions are made with both factors synchronised.
Financial exposure is translated into days of inventory, to monitor ongoing feasibility of investments. Slim4 ensures inventory investments align with not only available budgets, but broader business goals.
Weigh-up decisions with clear visibility
See and understand how proposed purchases would affect remaining OTB, so you can guarantee product availability without overspending and exceeding financial limits.
Adjust proactively before issues arise
With Slim4’s OTB software, you can quickly identify current or potential working capital constraints. When OTB turns negative, or is forecast to do so, you’ll have the insight to make timely and effective adjustments.
Customise and arrange OTB views in a strategic way
Slim4 tracks OTB by different business units, regions, and categories, meaning you can tailor OTB management to varying business needs or through hierarchical strategy.
Solutions aligned to your open to buy responsibilities
Capital efficiency through full cashflow control
The C-suite needs to ensure that working capital is allocated efficiently at all times. Slim4’s OTB functionality prevents overstocking, feeds high demand areas, and helps to allocate resources according to where the biggest growth potential lies.
- Retain operational scalability no matter the size or trajectory of the business.
- Detect OTB risk instantly to keep your budgets away from danger.
- Prioritise key growth opportunities with clear visibility.
Complete alignment for optimised decisions
Supply chain teams can only optimise decisions and strategy if they have all information to hand. Our OTB solution provides real-time visibility and alerts to ensure all decisions are made with budget limitations in mind.
- Align order suggestions with financial objectives.
- Avoid exceeding available OTB through real-time alerts.
- Plan future supply with confidence and clarity.
Let visibility feed certainty
Slim4’s OTB capabilities ensure purchasing teams don’t overspend or under-order. Rather, they can prioritise critical items and rely on user-defined hierarchies, while remaining within financial limits, always.
- Prevent overspending and under-ordering.
- Prioritise with confidence.
- Align individual category management with broader business strategy.
Reliable systems, reliable data
Manually managing OTB through spreadsheets or siloes systems leads to errors, inconsistencies, and a lot of human effort. Slim4 centralises calculations, scales seamlessly, reduces maintenance, and has self-service capabilities to free up time and money.
- Centralise OTB calculations to facilitate collaboration across teams.
- Minimise downtime, updates, and system maintenance.
- Seamless integration and usability.
TESTIMONIALS OF OUR OPEN TO BUY SOFTWARE
See what our customers think
50%
Stock level reduction
97%
On-time deliveries achieved
Improved forecast accuracy
"Slim4 has become an essential tool that is part of our core business"
Rodrigo Sánchez
Director of Logistics and International Operations
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Learn more about budget-aligned inventory planning
Frequently asked questions
What is Open to Buy (OTB) software?
Open to Buy (OTB) software is a supply chain and financial planning solution that helps businesses align purchasing decisions with predefined inventory budgets and cashflow constraints. Its purpose is to ensure that stock investments remain financially controlled while still supporting demand and availability targets. OTB software provides visibility into available budget after accounting for current stock, backorders and planned purchases, enabling finance, supply chain and purchasing teams to work from a single view.
What are the key features of Slimstock’s Open to Buy (OTB) software?
Slimstock’s OTB functionality within Slim4 delivers visibility into remaining budgets, allowing teams to clearly understand how purchasing decisions impact financial limits. Some of the key features include:
- Exposure-based budgeting, which translates financial exposure into days of inventory and the ability to show the impact of order advice on remaining OTB before purchases are confirmed.
- The solution also provides proactive alerts for negative OTB situations and supports customisable hierarchies by category, region or business unit, ensuring OTB management aligns with organisational structure.
How can business benefit from Slimstock’s Open to Buy (OTB) software?
Businesses benefit from improved capital efficiency and stronger cashflow control, as inventory investments are kept within agreed financial constraints. The solution reduces the risk of overstocking while ensuring budget is allocated to the categories with the highest demand and growth potential.
By providing a shared, data-driven OTB view, Slimstock’s solution also strengthens collaboration between finance, supply chain, and purchasing teams, enabling more informed decisions, proactive risk management and scalable growth.