Inventory is your retailer’s biggest cost—and biggest opportunity. Merchandise financial planning involves allocating a budget to each buyer’s “wallet” to maximize ROI across product categories. This budget allocation is known as open‑to‑buy (OTB)—a vital MFP control.
Download our “Fundamentals of Merchandise Planning” e‑book to:
- Explore MFP workflow steps—from sales forecasting and budgeting to **OTB ** and inventory management
- Learn key KPIs like turns, weeks of supply, gross margin, COGS, and average selling price
- Discover crucial planning features: multiple plan versions, role-based collaboration, and robust version control
- Understand the organizational changes needed—cross-functional alignment, tech adoption, and iterative planning—to stay competitive in today’s fast-moving retail landscape
Grab your copy now—it’s the blueprint for turning inventory into a strategic asset through smart, data-driven merchandise financial planning.