Buying Plans- The Secret to increased Profit

Open to buy planning is the key to ensure your business increases its profit margin, improves cash flow, and buys more accurate stock that the customers are demanding, Overbuy and you reduce margin and profits with too many markdowns and underbuy and you miss sales and allow your competition to capitalize on your shortage of stock, so there is a fine line between lost sales and not making your potential profit. the Average retailer we see has a reduced margin by around 10% due to overbuying, in today's competitive market you can not afford to guess your buying needs. A structured markdown policy will assist you in reducing markdowns and increase your profit, let us show you how you can increase your profits by 71% in 12 months.

The Key's

Efficiently build your sales plans using your last year or current forecast as your starting point. Adjust sales for a total season or for an individual month. Put in markdowns for sales promotions or liquidation of inventory.

Our plans will automatically calculate the correct level of inventory using your desired Turn, Weeks of Supply, or variance to Last Year. Review your forecasted receipt flow to make sure the merchandise is on the floor when the sales happen. The resulting Open To Buy will tell you exactly what you need to receive and when.

With our PLANNING SERVICE Let a professional planner build, reforecast and explain your merchandise plans and Open To Buy Access your Open To Buy and plans from anywhere using the Internet Aggressively priced with our Best Price Guarantee Proactively buy into your sales trends. Know immediately when a store or category of business is over or under plan.  Buy with confidence knowing that your Open To Buy will help achieve total company goals, and of course

Capabilities

Make better use of your existing inventory Put the right goods in the right place at the right time Control your purchasing through accurate Open To Buy Go to market with confidence with better Open To Buy in hand Reduce unnecessary markdowns Improve inventory turns Make more margin Improve buyer accountability Increase sales and reallocate Open To Buy according to trend Update actuals and analyze history or trend Improve cash flow with proactive management Recognize missed opportunities Establish appropriate inventory levels for every point of the season Lower transportation and storage costs Reduce accumulation of "dead" stock Get accurate return on investment analysis Track Better...Manage Smarter Take the confusion out of business planning Monitor effectiveness of your buying strategy Get the most out of your inventory investment Help your buyers be more productive Review performance at every level of your business, including location Reforecast business quickly and easily Manage plans that balance at every level Get useful information with better reporting Spend less time managing your inventories

Easily plan business down to class across the chain or by location Automatically balance dollar and unit plans Update "actuals" quickly & easily with built-in interfaces Streamline your Open To Buy planning with built in formulas, screens and reports Picture your business with insightful graphs Reforecast in-season plans with current trend and margin goals Analyze your business at any level Plan Receipts, Margins, Pricing, GMROI, Weeks of Supply, Turn and more Automatically print your favorite reports.  Run "What-if" analysis Form class level assortment groups to provide seasonal or theme analysis Plan up to two years out

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