Explore

Open To buy- Retail Merchandising Planning

1 hour on-demand video

$ 9.99

Save Course

Go to Course

Brief Introduction

Merchandise Financial Planning

Description

In today's world of uncertainty, when retail across the world is crying, it is important that cash flow of the business is preserved for long term sustainability. One of the best ways to do is to manage the inventory of the business, where maximum cash of the retailers is invested. We can effectively do this using OTB ( open to Buy) management. OTB is a budget that can help retailers know how much they need to buy in order to manage their business effectively. With the help of this technique many retailers can save themselves from the situations of over stocking or under stocking. With the help of this course we aim to educate all retailers or people pursing their career in Retail planning as to how they can simply implement this Open to buy technique and how they can create self managed excel based rolling budgets without spending hundreds of thousand dollars on fancy tools. This course will provide step by step methodology to charter out OTB ( open to buy plan) and manage merchandise optimally.

Requirements

Requirements
Just pen and paper if you want to take notes

Recommended for you

Sales Skills & Negotiation Skills - Selling Masterclass 2020

Step By Step Negotiation Skills / Sales Training For Beginners - Learn To Negotiate & Sell & Become A Master Salesman...

Save Course

Accounting–Financial Accounting Total-Beginners to Advanced

Including well over 100 hours of content, e-book (EPUB, MOBI, PDF) ,Excel worksheet, & PDF files, this is comprehensive Recently updated with A LOT of added content....

Save Course

Open To buy- Retail Merchandising Planning

Merchandise Financial Planning In today's world of uncertainty, when retail across the world is crying, it is important that cash flow of the business is preserved for long term sustainability....

Save Course