Inventory Control | Buying Plans | Open-to-Buy

How-To Info, Online Calculators for Retail Inventory Control and Open-to-Buy Planning


There is a cause-effect connection between sales, gross margins, and inventory turns. 

Effectively managing that balancing act is part of the art of retailing.

Online Retail Self-Assessments

Take a quick quiz on the basics
Inventory Management Quiz

Take this online quick quiz for retailersJust ten questions. All online, all at your own pace. 

Results for your eyes only.

 

Ready to be a true merchant? Take the quiz!



"Have Enough Inventory?"

Most retailers know their average inventory over the year. 

But the question is this: 

"Is that enough inventory for the sales you expect?"

"Or...is it too much?"

Here's how to find out. Use our Index of Sales Potential. Find out now

 


Short How-To Videos 

Clips from popular TOPICAL TUESDAYS webinars from the Co-Founders

Specifically for Retail Situations | Practical, Proven, Timeless | Used and Loved by Thousands of Retailers

Enjoy this free access to selections from The ROI's proprietary content. Ready for more? The Members-Only Collection includes even more for owners about inventory management and Open-to-Buy planning.


Merchandise Planning: Back to the Basics

Sound merchandise management is crucial for the survival and prosperity of your retail business. 

It’s not just another “paper exercise”—it can mean the difference between strong, positive cash flow or a constant battle to pay your bills. 

It can keep your operation profitable even in times of less-than-robust sales.

read more here

 

How to Shape Up Your Inventory? Manage Inventory Turns

If your store is like many other independent retailers, it’s probably overstocked much of the time. 

This excess inventory is like excess fat: 

  1. It looks bad
  2. Consumes energy the inventory “muscle” needs
  3. Threatens the financial health of your business.

If you’d like to time your inventory flow so you always have fresh merchandise and a healthy turnover rate, consider this shape-up plan. 

It will help trim away excess inventory without cutting into the muscle of your stock.

read more here


The Diamond of Doom

The High Costs of Excess Inventory

As a retail owner, one of your primary goals is to boost profit margins—right? 

You know that good inventory management is essential to producing top-notch profits. 

You also know that bad inventory management can cause big problems with profit. 

However, you may not know the actual cause-and-effect of bad inventory management. 

read more here

 

 

How to Cut Inventory – Fast!

Is excess inventory threatening your store's survival? 

Here are 10 tips to turn your inventory into cash – quickly!

Sometimes retailing doesn’t quite turn out as you had planned. 

Did last year fail to live up to what you predicted—and budgeted for? 

Did you overestimate the popularity of your generous order of a particular product?  

Are there areas of your inventory brimming with overstock? 

Relax! There is a way out of this mess!

If you find yourself long on inventory and short on profits—whether from overbuying, expanding lines too quickly, or overestimating sales, don’t panic. 

You still can whip your inventory back into shape before it devours your profits.

read more here



Getting Through the Retail Maze with GMROI

(Gross Margin Return on Inventory Investment)

One of the best tools for measuring and managing the productivity of your inventory investment is GMROI - Gross Margin Return on Inventory Investment. 

It's fast and easy to calculate. 

It is dynamic (some call it the "earn 'n turn" measure.)

Best of all, it provides powerful insights specifically for retailers.

That's why The ROI calls GMROI "the #1 measure of inventory productivity."

read more here

 

Browse Around

There's lots more for retailers to see and use! Available nowhere else.

 go to Inventory & Turnover go to Cash Flow Control go to Sales & Profits Management

See for yourself why thousands of busy retailers from around the world use and love The ROI!

Even more for Members at The ROI

And even more for ROI Members! 

Click here for info 

Since 1999, empowering retailers and store owners to "Turn on your financial headlights!"

We understand. There IS a lot here at The ROI. 

So for those times and those people – buyers or aspiring buyers – who need to focus on managing inventory, we've built the Retailer's Open-to-Buy Center. It has only that portion of The ROI's how-to content, calculators, webinars, etcetera that focuses on inventory management and control.

 

Those with Member or Owner Access Privileges at The ROI get all of the Open-to-Buy Center's content, calculators, webinars, etc right here at The ROI. Plus much more!