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118. Start with Inventory Turn Before You Try Open-To-Buy
Savvy Shopkeeper Retail Podcast
English - April 07, 2022 11:00 - 22 minutes - 31.1 MB - ★★★★★ - 125 ratingsEntrepreneurship Business Management retail retailbusiness retailer retailstoreowner smallbusiness smallbusinessowner Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 117. Tools of the Retail Trade
When retailers hear about Open-to-Buy, or OTB, it sounds really appealing! A tool that tells us when to buy, how much to buy, and keeps us on budget and profitable sounds like the magic solution to inventory issues.
But there’s a lot to learn and do before implementing OTB. Listen in to learn exactly what OTB is and everything you need to have in place before using it.
For show notes, visit https://savvyshopkeeper.com/episode118.
Learn more about Kathy Cruz and Savvy Shopkeeper at Savvy Shopkeeper
Follow Kathy on Instagram (@savvyshopkeeper)