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Component: IS-R
Component Name: SAP for Retail
Description: Retail Monitors budgets and OTB allocation data, among other things.
Key Concepts: OTB monitoring is a feature of the IS-R SAP for Retail component that helps retailers manage their inventory. It allows retailers to monitor their on-hand inventory levels and compare them to their planned inventory levels. This helps retailers identify any discrepancies between the two and take corrective action. How to use it: OTB monitoring can be used to track inventory levels in real-time. It can also be used to generate reports that provide an overview of the current inventory situation. This information can then be used to make informed decisions about how to adjust inventory levels in order to meet customer demand. Tips & Tricks: It is important to regularly review the OTB monitoring reports in order to ensure that inventory levels are being managed effectively. Additionally, it is important to ensure that the planned inventory levels are accurate and up-to-date in order for the OTB monitoring feature to be effective. Related Information: The OTB monitoring feature is part of the IS-R SAP for Retail component, which also includes features such as demand forecasting, pricing optimization, and store management. Additionally, there are other software solutions available that offer similar features, such as Oracle Retail and JDA Software.