Evaluate Your Inventory with Open To Buy

As we get our stores ready for holiday shoppers, the most important thing you can do is to highlight the merchandise that has slowed or stopped selling. So, now is the time to evaluate your inventory.

The first indicator of inventory imbalance would be from your open to buy system. Since it’s based on anticipated sales and desired turn rates, it sets up ideal beginning inventories for each department for each month. Comparing your ideal projected inventory with your actual current inventory will reveal which departments are over stocked. Of course, if you had been using an open to buy you wouldn’t be in this situation.

Once you see which departments are over stocked, you need to find the older merchandise and make the prices more attractive, put it on display and bring it front and center. There are many ways to push merchandise and this is not a tutorial on that, but you put on your thinking cap and find a way to encourage your sales personnel to put their best efforts into moving the older merchandise. If you do that, you will go into January with a clean inventory and cash in the bank rather than an excess of markdowns and invoices.

Not only will your open to buy point out your inventory imbalance, it will show you whether you’re over or under bought for the balance of the fall, winter and spring seasons. Your open to buy system will give you so much valuable information to help you properly merchandise your store and make money.

And isn’t that why you do all this?

See all posts.

Subscription Information

By filling out the form below, you are merely indicating your interest in becoming a subscriber to myotbplan.com. The cost per store is $150 / month and includes 30 departments. Additional departments are available at 10 departments for $25/month.

We will call you (if you are in the US) or email you with additional information and ask for your credit card information as the subscription cost is charged to your credit card automatically every 30 days.

There is no contract and every subscriber is covered by our Performance Guarantee. The system is supported from 9AM to 7PM PST 365 days a year and you are encouraged to call as often as you have questions.

You will be required to read our general instructions before you begin filling in your data and there is detailed information about each screen on the screen you're working by simply clicking the Help icon at the top.

The program is easy to use, accurate, affordable, accessible, supported and guaranteed. It's simply the best open to buy plan available. We will contact you as soon as we received your information. Please be complete.

Subscription Form

Subscription Form

All fields required
Address
Sending

You visited our site because you need an open to buy system or you are unhappy with the one you have. myotbplan.com is the best system available and there's no risk to subscribe because there's no contract and your results are guaranteed!

Why not call and let us answer your questions so you can get underway immediately and have your buying plan for the next 12 months. If you want us to call you, just click the Subscribe button below, fill out the form and we'll call you back to explain everything. There's no obligation when you fill out the form, you're only requesting a phone call. So, one way or the other, let's talk!