Remove Finance Remove Inventory Turnover Remove Markdowns
article thumbnail

Understanding the Modern Category Manager: Overcoming Daily Challenges with Smarter Solutions

Wiser

Suppliers negotiate for better placement, promotions, and pricing agreements, while finance teams push for stronger profitability across SKUs. Gaps in data accuracy made it difficult to assess competitive positioning and optimize inventory turnover.

article thumbnail

Streamlining Retail Operations With Innovative Tech Solutions

365 Retail

This will require you to spend some money to improve the customer experience in your store, so consider checking out Credibly’s financing solutions or other lenders to ensure your plans are well-funded. Managers can visualize metrics like sales trends, inventory turnover, and customer lifetime value.

article thumbnail

What is Open to Buy? – definition, formula, examples

Retalon

Open to buy (OTB) planning lets you control inventory and stay cash flow positive. Other benefits of OTB management include: More flexible inventory. Fewer markdowns. Where you started is simple: it is the planned inventory at the beginning of the sales period. Turnover rates impact OTB. Optimal stock levels.