Which of the following is NOT a common buying error that may cause adjustments to be made to the retailer's OTB?
A) Buying the wrong type of merchandise
B) Buying merchandise at the wrong price levels
C) Having too much or too little basic stock on hand
D) Buying from very few vendors
E) Failing to identify the season's hot items early enough in the season

Question

Quizplus · Accepted Answer

Buying from very few vendors is not typically considered a buying error that would necessitate adjustments to a retailer's open-to-buy (OTB). The other options (A, B, C, E) are common buying errors that can affect inventory levels and sales, thus impacting the OTB.

Which of the Following Is NOT a Common Buying Error