Browsing: inventory

Retailers, while not acclaimed fortune tellers, quite often are asked to predict the future. How much inventory must be purchased to meet demand? Will markdowns be…

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The formula for open-to-buy (OTB, a financial budget for retail merchandising) planning is not difficult. To start, look at planned sales. Where do they come from?…

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Let’s face it: every retail business needs to deal with surplus assets, whether it is excess inventory or customer returns.

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