Retail pain is caused by swollen inventories and choked off cash flow. These disorders appear as retailers continue to buy more and more merchandise without proper planning. Bloated inventories bring excess invoices and devour potential profits as it depreciates on the shelf. Insufficient inventory results in missed sales.
The panacea is open to buy planning! Once set up, open to buy will develop a buying plan based on anticipated sales and desired turn rates so you support your sales, contribute to overhead and make money – every month. There are too many factors to juggle in your head. You need open to buy to tell you how much merchandise you need to receive in each month in each department for the next 12 months. It’s a lot to consider, but open to buy can do it with ease – for you!
You’ll find your inventory leaner, better balanced and turning faster, your markdowns reduced and your cash flow improved. And if that’s not being healthy as a retailer, I don’t know what is.
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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