Being closed and out of the market can make any retailer “chomp at the bit” to get out there and order new merchandise. But cool your heels before you rush out and load up your store. Doing so without an open to buy plan can leave you loaded with inventory and invoices and holding the “bag” as far as your cash flow is concerned.
These are strange times. Covid wanes and then flares. Caution is the word, but many are throwing it to the wind in the rush to get back to business. Every area is different and so are the rules, but whether your wide open, a little open, online, or whatever, you still need open to buy planning to guide you.
The best time for a retailer to have open to buy planning in place is before they ever open. It gives them a road map to get to their desired destination. You are now doing the same sort of thing with reopening your store. You’re not as busy as you will be, so now is the perfect time to set up your open to buy. It doesn’t require much time, but it is definitely time well spent. No matter what you do in life, knowledge is always going to make your life easier. Retail knowledge is about forecasting and open to buy is your crystal ball!
myotbplan.com is the best open to buy system available! It’s easier, more accurate, more accessible, better supported, the only one that’s guaranteed and has no contract. You have nothing to lose and so much to gain. Call 310-829-5148 today with your questions at or just fill out the no obligation Subscribe form online and we’ll call you. Why wait?
#opentobuy #myotbplan #retailsuccess #reducemarkdowns #stopoverbuying #retailbuyingplan #knowhowmuchtobuy #improveturnover