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!
Use the BASICS of OPEN-TO-BUY eLearning Kit.
go here • start now • 30 Day Online Access at The Retail Owners Institute® • Just $75
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.
The BUYING PLAN Forecaster is one of The ROI's Executive Calculators for Retailers. It is available online, "in the cloud", 24/7 with the Open-to-Buy BASICS Kit.
As a training tool, it shows the cause-effect relationships of managing inventory. And, as a practical working tool, it enables you to do your own Open-to-Buy plans, in minutes!
All the formulas are built in. Nothing to download or install. It just works!