{"id":820,"date":"2023-01-11T23:07:00","date_gmt":"2023-01-11T23:07:00","guid":{"rendered":"https:\/\/www.omnithink.ai\/?p=820"},"modified":"2023-02-07T23:12:19","modified_gmt":"2023-02-07T23:12:19","slug":"why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software","status":"publish","type":"post","link":"https:\/\/blogs.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/","title":{"rendered":"Why Retailers are Ditching Manual Planning and Adopting Open-to-Buy Software"},"content":{"rendered":"\n

Gone are the days of manual planning in retail. Retailers are embracing technology to streamline their operations and take their businesses to the next level. Enter open-to-buy software, the game-changer that’s revolutionizing the retail industry.<\/p>\n\n\n\n

Open-to-buy (OTB) software is a planning tool that helps retailers manage their inventory and finances more effectively. Instead of relying on manual spreadsheets, OTB software provides real-time data and insights to help retailers make informed decisions.<\/p>\n\n\n\n

Here are 5 reasons why retailers are ditching manual planning and adopting OTB software:<\/p>\n\n\n\n

    \n
  1. Increased Accuracy:<\/strong> OTB software<\/a> provides a more accurate picture of retail operations. It takes into account real-time sales data, inventory levels, and financial projections, allowing retailers to make better-informed decisions.
    <\/li>\n\n\n\n
  2. Time Savings: <\/strong>Say goodbye to manual spreadsheets and hello to time savings. OTB software automates the planning process, freeing up valuable time for retailers to focus on other areas of their business.
    <\/li>\n\n\n\n
  3. Better Budgeting: <\/strong>OTB software helps retailers stay within budget. It provides real-time financial projections, allowing retailers to make adjustments as needed to ensure they stay on track.
    <\/li>\n\n\n\n
  4. Improved Inventory Management:<\/strong> OTB software provides a more accurate view of inventory levels, allowing retailers to avoid overstocking or stock shortages<\/a>. This leads to better decision-making and improved bottom-line results.
    <\/li>\n\n\n\n
  5. Enhanced Collaboration: <\/strong>OTB software makes it easy for retailers to share data and collaborate with suppliers and other stakeholders. This leads to more efficient operations and better outcomes for all parties involved.<\/li>\n<\/ol>\n\n\n\n

    TL;DR –<\/strong> retailers are embracing open-to-buy software to take their operations to the next level. With its real-time data and insights, OTB software provides retailers with the tools they need to make better-informed decisions, stay within budget, improve inventory management, and enhance collaboration with suppliers and other stakeholders.<\/p>\n","protected":false},"excerpt":{"rendered":"

    [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":821,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[88,53,29,86,33],"tags":[8,12,14,27,13,18],"class_list":["post-820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-omnichannel","category-retail-analytics","category-retail-open-to-buy","category-retail-stores","category-supply-chain-planning","tag-demand-forecasting","tag-inventory-planning","tag-merchandise-planning","tag-open-to-buy","tag-retail-forecasting","tag-retail-planning"],"yoast_head":"\nWhy Retailers are Ditching Manual Planning and Adopting Open-to-Buy Software - OmniThink.AI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Retailers are Ditching Manual Planning and Adopting Open-to-Buy Software - OmniThink.AI\" \/>\n<meta property=\"og:description\" content=\"[\u2026]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/\" \/>\n<meta property=\"og:site_name\" content=\"OmniThink.AI\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-11T23:07:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-07T23:12:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.omnithink.ai\/blogs\/wp-content\/uploads\/2023\/02\/retail-planning-shopper.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"318\" \/>\n\t<meta property=\"og:image:height\" content=\"159\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Generative AI for Retail\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Generative AI for Retail\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/\"},\"author\":{\"name\":\"Generative AI for Retail\",\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/#\/schema\/person\/ed6d9035c409df0fe9706af2d9d33f21\"},\"headline\":\"Why Retailers are Ditching Manual Planning and Adopting Open-to-Buy Software\",\"datePublished\":\"2023-01-11T23:07:00+00:00\",\"dateModified\":\"2023-02-07T23:12:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/\"},\"wordCount\":295,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blogs.omnithink.ai\/blogs\/wp-content\/uploads\/2023\/02\/retail-planning-shopper.jpeg\",\"keywords\":[\"demand forecasting\",\"inventory planning\",\"merchandise planning\",\"open to buy\",\"retail forecasting\",\"Retail Planning\"],\"articleSection\":[\"Omnichannel\",\"Retail Analytics\",\"Retail Open to Buy\",\"Retail Stores\",\"Supply Chain Planning\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/\",\"url\":\"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/\",\"name\":\"Why Retailers are Ditching Manual Planning and Adopting Open-to-Buy Software - OmniThink.AI\",\"isPartOf\":{\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blogs.omnithink.ai\/blogs\/wp-content\/uploads\/2023\/02\/retail-planning-shopper.jpeg\",\"datePublished\":\"2023-01-11T23:07:00+00:00\",\"dateModified\":\"2023-02-07T23:12:19+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#primaryimage\",\"url\":\"https:\/\/blogs.omnithink.ai\/blogs\/wp-content\/uploads\/2023\/02\/retail-planning-shopper.jpeg\",\"contentUrl\":\"https:\/\/blogs.omnithink.ai\/blogs\/wp-content\/uploads\/2023\/02\/retail-planning-shopper.jpeg\",\"width\":318,\"height\":159,\"caption\":\"retail open to buy otb software\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.omnithink.ai\/blogs\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why Retailers are Ditching Manual Planning and Adopting Open-to-Buy Software\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/#website\",\"url\":\"https:\/\/www.omnithink.ai\/blogs\/\",\"name\":\"OmniThink.AI\",\"description\":\"Generative AI Retail Merchandise Planning Shopify Demand Forecasting Open to Buy Inventory Planning Software\",\"publisher\":{\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.omnithink.ai\/blogs\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/#organization\",\"name\":\"OmniThink.AI\",\"url\":\"https:\/\/www.omnithink.ai\/blogs\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/blogs.omnithink.ai\/blogs\/wp-content\/uploads\/2025\/11\/cropped-Logo-omnithink-2.png\",\"contentUrl\":\"https:\/\/blogs.omnithink.ai\/blogs\/wp-content\/uploads\/2025\/11\/cropped-Logo-omnithink-2.png\",\"width\":167,\"height\":36,\"caption\":\"OmniThink.AI\"},\"image\":{\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/#\/schema\/person\/ed6d9035c409df0fe9706af2d9d33f21\",\"name\":\"Generative AI for Retail\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.omnithink.ai\/blogs\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5f41df700f08e948f6131435008e324cdc45a2ed2bb40fa827f3d7c3f89d13a5?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5f41df700f08e948f6131435008e324cdc45a2ed2bb40fa827f3d7c3f89d13a5?s=96&d=mm&r=g\",\"caption\":\"Generative AI for Retail\"},\"sameAs\":[\"https:\/\/www.omnithink.ai\"],\"url\":\"https:\/\/blogs.omnithink.ai\/blogs\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Why Retailers are Ditching Manual Planning and Adopting Open-to-Buy Software - OmniThink.AI","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/","og_locale":"en_US","og_type":"article","og_title":"Why Retailers are Ditching Manual Planning and Adopting Open-to-Buy Software - OmniThink.AI","og_description":"[\u2026]","og_url":"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/","og_site_name":"OmniThink.AI","article_published_time":"2023-01-11T23:07:00+00:00","article_modified_time":"2023-02-07T23:12:19+00:00","og_image":[{"width":318,"height":159,"url":"https:\/\/www.omnithink.ai\/blogs\/wp-content\/uploads\/2023\/02\/retail-planning-shopper.jpeg","type":"image\/jpeg"}],"author":"Generative AI for Retail","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Generative AI for Retail","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#article","isPartOf":{"@id":"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/"},"author":{"name":"Generative AI for Retail","@id":"https:\/\/www.omnithink.ai\/blogs\/#\/schema\/person\/ed6d9035c409df0fe9706af2d9d33f21"},"headline":"Why Retailers are Ditching Manual Planning and Adopting Open-to-Buy Software","datePublished":"2023-01-11T23:07:00+00:00","dateModified":"2023-02-07T23:12:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/"},"wordCount":295,"commentCount":0,"publisher":{"@id":"https:\/\/www.omnithink.ai\/blogs\/#organization"},"image":{"@id":"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#primaryimage"},"thumbnailUrl":"https:\/\/blogs.omnithink.ai\/blogs\/wp-content\/uploads\/2023\/02\/retail-planning-shopper.jpeg","keywords":["demand forecasting","inventory planning","merchandise planning","open to buy","retail forecasting","Retail Planning"],"articleSection":["Omnichannel","Retail Analytics","Retail Open to Buy","Retail Stores","Supply Chain Planning"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/","url":"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/","name":"Why Retailers are Ditching Manual Planning and Adopting Open-to-Buy Software - OmniThink.AI","isPartOf":{"@id":"https:\/\/www.omnithink.ai\/blogs\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#primaryimage"},"image":{"@id":"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#primaryimage"},"thumbnailUrl":"https:\/\/blogs.omnithink.ai\/blogs\/wp-content\/uploads\/2023\/02\/retail-planning-shopper.jpeg","datePublished":"2023-01-11T23:07:00+00:00","dateModified":"2023-02-07T23:12:19+00:00","breadcrumb":{"@id":"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#primaryimage","url":"https:\/\/blogs.omnithink.ai\/blogs\/wp-content\/uploads\/2023\/02\/retail-planning-shopper.jpeg","contentUrl":"https:\/\/blogs.omnithink.ai\/blogs\/wp-content\/uploads\/2023\/02\/retail-planning-shopper.jpeg","width":318,"height":159,"caption":"retail open to buy otb software"},{"@type":"BreadcrumbList","@id":"https:\/\/www.omnithink.ai\/blogs\/why-retailers-are-ditching-manual-planning-and-adopting-open-to-buy-software\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.omnithink.ai\/blogs\/"},{"@type":"ListItem","position":2,"name":"Why Retailers are Ditching Manual Planning and Adopting Open-to-Buy Software"}]},{"@type":"WebSite","@id":"https:\/\/www.omnithink.ai\/blogs\/#website","url":"https:\/\/www.omnithink.ai\/blogs\/","name":"OmniThink.AI","description":"Generative AI Retail Merchandise Planning Shopify Demand Forecasting Open to Buy Inventory Planning Software","publisher":{"@id":"https:\/\/www.omnithink.ai\/blogs\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.omnithink.ai\/blogs\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.omnithink.ai\/blogs\/#organization","name":"OmniThink.AI","url":"https:\/\/www.omnithink.ai\/blogs\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.omnithink.ai\/blogs\/#\/schema\/logo\/image\/","url":"https:\/\/blogs.omnithink.ai\/blogs\/wp-content\/uploads\/2025\/11\/cropped-Logo-omnithink-2.png","contentUrl":"https:\/\/blogs.omnithink.ai\/blogs\/wp-content\/uploads\/2025\/11\/cropped-Logo-omnithink-2.png","width":167,"height":36,"caption":"OmniThink.AI"},"image":{"@id":"https:\/\/www.omnithink.ai\/blogs\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.omnithink.ai\/blogs\/#\/schema\/person\/ed6d9035c409df0fe9706af2d9d33f21","name":"Generative AI for Retail","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.omnithink.ai\/blogs\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5f41df700f08e948f6131435008e324cdc45a2ed2bb40fa827f3d7c3f89d13a5?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5f41df700f08e948f6131435008e324cdc45a2ed2bb40fa827f3d7c3f89d13a5?s=96&d=mm&r=g","caption":"Generative AI for Retail"},"sameAs":["https:\/\/www.omnithink.ai"],"url":"https:\/\/blogs.omnithink.ai\/blogs\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/blogs.omnithink.ai\/blogs\/wp-json\/wp\/v2\/posts\/820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.omnithink.ai\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.omnithink.ai\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.omnithink.ai\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.omnithink.ai\/blogs\/wp-json\/wp\/v2\/comments?post=820"}],"version-history":[{"count":1,"href":"https:\/\/blogs.omnithink.ai\/blogs\/wp-json\/wp\/v2\/posts\/820\/revisions"}],"predecessor-version":[{"id":822,"href":"https:\/\/blogs.omnithink.ai\/blogs\/wp-json\/wp\/v2\/posts\/820\/revisions\/822"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.omnithink.ai\/blogs\/wp-json\/wp\/v2\/media\/821"}],"wp:attachment":[{"href":"https:\/\/blogs.omnithink.ai\/blogs\/wp-json\/wp\/v2\/media?parent=820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.omnithink.ai\/blogs\/wp-json\/wp\/v2\/categories?post=820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.omnithink.ai\/blogs\/wp-json\/wp\/v2\/tags?post=820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}