Wiser

MARCH 14, 2025

Suppliers negotiate for better placement, promotions, and pricing agreements, while finance teams push for stronger profitability across SKUs. They need a structured, data-driven approach that accounts for competitive pricing, product performance, and promotional effectiveness across retailers.

Management 78

Management Inventory Turnover Promotions Markdowns 78

Retail Smart Guys

JANUARY 28, 2023

Going over your inventory, finances, open-to-buy planning, etc., Well, this can be true if you are not using the right approach in handling multi-store accounts. Aside from that, you can evaluate over-performing and under-performing stores, which can help balance your finances well.

Planning 52

Planning Markdowns Finance Location 52

Retail Smart Guys

FEBRUARY 14, 2023

Going over your inventory, finances, open-to-buy planning, etc., Well, this can be true if you are not using the right approach in handling multi-store accounts. Aside from that, you can evaluate over-performing and under-performing stores, which can help balance your finances well.

Planning 40

Planning Markdowns Finance Location 40

Retalon

FEBRUARY 24, 2022

Fewer markdowns. Essentially, OTB is a purchasing plan which takes into account current inventory levels and projected sales for a set time period. Where you expect to finish is your closing inventory plus your planned sales and markdowns. Everyone from your buyers and planners to your finance team should be on the same page.

Markdowns 41

Markdowns Inventory Turnover Accounting Planning 41

365 Retail

JUNE 5, 2024

It even accounts for seasonal trends, promotions, and supplier lead times. 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. No more guesswork or scrambling to restock shelves.

Payment Services 52

Payment Services Inventory Management Checkout Inventory Turnover 52

Retalon

JUNE 10, 2020

may cover generic approaches to managing and optimizing price for any given product, but they don’t account for the most critical variables that determine your pricing success. Retailers who don’t account for these considerations often struggle with profitability. ultimately determine how profitable your business is.

Planning 41

Planning Markdowns Promotions Accounting 41

Retalon

JUNE 18, 2019

The math needed to account for these effects is hard enough. Keep in mind that promotions are not the same part of a product’s pricing lifecycle as Markdowns. In contrast, markdowns are permanent changes designed to clear inventories at the season’s end. Financing promotions can change a customer’s mental math.

Promotions 32

Promotions Markdowns Payment Services Inventory Management 32