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Glossary

Buying & open-to-buy

What is merchandise financial planning (MFP)?

The top-down plan for sales, margin, markdowns and inventory across a season, by department and channel.

Why it matters: It's the financial frame the whole buy hangs off, and the plan the bottom-up forecast has to reconcile with.

Related terms

open-to-buy (OTB)

The amount of new stock you can receive this period and still hit the plan.

a demand forecast

A prediction of how much will sell, by product and channel, over a future period.

Plan with confidence. One set of numbers, every team, every week.

There's nothing to rip out. Tightly runs on your existing ERP, EDI, e-commerce and POS. Give us 30 minutes and we'll show it on your own categories.

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