Being able to control the TURNOVER of your investment in inventory enables you to control your income. Raising your turnover will tighten your inventory, keep it fresher, reduce markdowns and increase your cash flow. It’s really all good.
The only way to control turnover is with OPEN TO BUY planning. By planning your purchases with open to buy, you will be buying the RIGHT QUANTITIES in each merchandise category to support your expected sales and give you the turn you desire. Open to buy is driven by those two factors – sales and turnover – because those are the two elements that drive your store.
As your turnover increases, your markdowns decrease and your excess invoices are eliminated. Think about what you’re doing currently and if you’re not getting the results you dream about, it’s time to wake up and install an open to buy system. Making more money will insure peaceful sleep each night.
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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