Open-to-Buy: Where Better Inventory Management Begins
(Room Central Hall Lobby)
12 Mar 18
3:45 PM
-
4:00 PM
Tracks:
Independent Retailer Conference
Open-to-buy is a tool that in the hands of a fully committed retailer can profoundly improve financial improvements. Topics covered will include answering the question “what is open-to-buy and do all retailers need it” as well as identifying the role of consistent and predictable patterns in predicting consumer demand and accurate open-to-buy. Plus, gain insight on setting up a proper merchandise hierarchy and its function in data analysis, defining correct classification structures and constructing a seasonal classification open-to-buy plan.