Every inventory dollar matters for independent retailers. Balancing customer demand, purchasing budgets, seasonal trends, and cash flow can be challenging, especially when managing multiple stores or eCommerce channels. Without a clear buying strategy, retailers risk overstocking products, missing sales opportunities, and tying up valuable cash.

Discover how Open-to-Buy planning helps retailers make informed purchasing decisions by combining historical sales data, demand forecasting, and merchandise planning. Learn how to use OTB beyond budgeting to align product selection, merchandising strategies, and marketing campaigns while reducing inventory risk and improving profitability.

Key topics:

• Using Open-to-Buy planning to control inventory spending and improve cash flow
• Combining historical sales data with future trends to forecast demand
• Aligning inventory purchasing with merchandising and marketing strategies
• Coordinating buyers, vendors, and internal teams around inventory plans
• Reducing inventory risk and making more profitable purchasing decisions

Plus, learn how independent retailers can use Open-to-Buy planning to compete with larger retailers, adapt to changing customer demand, and make confident inventory decisions.

Who should attend:

Retail business owners, buyers, merchandise planners, and inventory managers looking to improve purchasing decisions, control inventory spending, and increase profitability.