No better or faster way for retailers to guide and monitor their inventory levels!
You don't need your bookkeeper (or your IT guy.) Just a few minutes, and your good judgment!
Entries go in fast. The Open-to-Buy Calculators do all the number-crunching "automagically".
IMMEDIATELY you will see:
• Monthly Open-to-Buys, based on your planned sales, margins and turns;
• Plus resulting Ending Inventories for each month;
• Plus projected GMROI for that plan.
• Even compare your plan to Benchmarks for any of 53 retail segments.
All built in!
Getting started is easy!
Just 3 quick inputs, using the numbers you already know:
- Planned Sales and Gross Margin % by month
- Beginning Inventory @Cost
- Targeted Inventory Turns (choose from the drop-down menu)
Immediately! See your monthly buying plan! Know your Open-to-Buy for each month*. And, see your targeted Ending Inventory levels for each month, the most important number for owners to monitor.
* the maximum amount of inventory to bring in that month to meet your goals for sales, margins and turns.