Projecting Inventory Buying Plans

Most retailers have heard of the inventory managing tool "Open-to-Buy." But too often, it has been shrouded in mystery. Too complex and/or too expensive. Up until now!

In the Projecting Inventory Buys (Basics of Open-to-Buy) eLearning Kit, you will learn:

  • How to control inventory by managing Sales, Margins, Turns, and On-Order;
  • How and why to do an inventory buying plan;
  • The four-part formula for inventory buying (also known as "Open-to-Buy");
  • What turnover is, and how to set turnover targets;
  • How retail sales seasonality affects inventory buying;
  • How to use the BUYING PLAN Forecaster (included, no additional charge) to "automate" your Open-to-Buy planning.

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