Not much information is actually needed and it shouldn’t take you very long to get set up. You need:
Your merchandise departments (the program includes 30 available departments).
12 months of sales (the most recent 12 months) in each department.
A current inventory (one figure in retail dollars for each department).
That’s it. myotbplan.com will take your annual sales, divide it by your current inventory and show your current turn rates. Then the program will suggest turn rates that you can use or edit and you’re on your way. The time consuming part is entering 12 months of sales for each department (whole numbers, no cents), but the rest is a snap. You can also set up the Sales Projections by percentage (even easier) if you don’t have access to previous history or are a new store. Accuracy is always desirable, but not critical, so don’t sweat it. Everything will come together as you go forward and make your monthly adjustments.
Monthly upkeep is much less time consuming, but very important as it allows you to make course corrections based on what you have accomplished against your projections. All of the screens are available on our web site.
The program is easy, accurate, accessible, well supported and guaranteed to improve your buying, inventory position and cash flow. And there’s no contract. And if you subscribe NOW, you can do so without a credit card and use the program through the end of the year for FREE! You have nothing to lose and everything to gain.
Call Mort at 310-829-5148 and let me answer your questions!
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