All the talent in the world will not insure a retailer’s success, but open to buy will. How can that be? It’s simple really. All of your skills in merchandising, staffing, store layout, advertising, displays and customer service go out the window if you can’t pay your bills. So, cash flow is critical and the only way to insure a positive cash flow is with open to buy planning.
Let’s face it, your store runs on buying and selling. If the buying out paces the selling, your cash flow is negative and the problems balloon from there. If your buying is planned and controlled by open to buy, you will be bringing in the correct quantities to support your sales and achieve your desired turn rates and – most important – pay your bills and make a profit EVERY MONTH.
You would think that every retailer would never consider buying without an open to buy plan, but most still do. Why? Because they don’t like computers or they don’t like numbers or they think they’re too busy. The right open to buy system will be easy to use and save you time. You’ll go into the marketplace KNOWING how much to buy. You won’t build up excess inventory and invoices and your markdowns will shrink. So in the long run, you’ll be saving time AND making money by using open to buy planning.
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 or just fill out the no obligation Subscribe form online and we’ll call you. Why wait?
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