New Store Retailer
You have questions, and we have answers
How do you budget your inventory expenditures?
How much should you buy in each of your classifications of merchandise?
When should you receive it?
How much by classification should be on the sales floor for a grand opening?
How much merchandise should you flow into the store after the opening?
How much for next season?
And what kind of seasonal fluctuations should you expect? RMSA answers those questions and more. Drawing on our massive database of merchandise selling patterns and location profiles, we can accurately project how much merchandise you will sell in each of your merchandise classifications every month before you even open. These benchmarks will enable you to open your store with absolute control of your sales and inventory.
No more guesswork
As you build a sales history, our forecasting tool will identify your inventory needs on an ongoing basis and automatically adjust your profit plan in response to customer demand. Your RMSA Merchandising Analyst will help you manage and adjust your inventory levels to avoid excessive markdowns, advise you on scheduling inventory deliveries for maximum advantage, and adjust your plan to account for seasonal selling patterns and outside economic factors. With RMSA, you’ll have complete control over your new business from the start. Rather than relying on gut instinct or guesswork, you’ll avoid the purchasing pitfalls common to new storeowners. You’ll set benchmarks against industry averages and achieve higher margins, taking home more real profits at the end of the day. And your inventory turnover will be faster, so less of your money will be tied up in unsold merchandise.
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