I’ll be the first to suggest that a full bank account is a wonderful thing! But it only has value in paying the bills and SHOULD NOT ENTER INTO DETERMINING HOW MUCH YOU BUY! Your buying needs to be to support your anticipated sales at your desired turn rates. More will only create problems. Sales are not dependent on the quantity of merchandise (unless you have too little) and more is not the answer. The answer is open to buy planning which will develop a buying plan that will insure you receive the right amount of merchandise in the right department at the right time.
There is nothing else that will provide this critical information more easily and more accurately. Your only goal as a retailer is to make as much money as possible. That means you want to maximize your sales with the smallest possible inventory. That juggling act can only be made with open to buy planning. The little time it takes to set up and maintain an OTB system will pay off for you beyond your wildest dreams. Sure retail is a great way to spend your days. And we all know you do spend long days dealing with all facets of your store.
The most important task in all you do is your buying. Make sure you actually know HOW MUCH to buy with 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 at or just fill out the no obligation Subscribe form online and we’ll call you. Why wait?
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