How Much Inventory Should You Buy for your Boutique?

Описание к видео How Much Inventory Should You Buy for your Boutique?

Inventory - love it or hate it, you have to have control of it in order to have a successful retail business. In this video, Sara Burks, Director of Partnership and Education at The Boutique Hub chats about the five key reports necessary boutique owners need to generate in order to produce an OTB [Open To Buy] Plan. She talks about how there is no easy button answer to this question and that being a successful buyer is a science rather than luck.

-- OTB formula: OTB = Planned Sales + planned Markdowns + Planned EOM Inventory - Planned BOM Inventory

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