Quickly enter the numbers you already know:
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Planned Sales and Gross Margin % by month
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Beginning Inventory @Cost
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Choose Targeted Inventory Turns from the drop-down menu
Immediately! See your monthly buying plan! Know your Open-to-Buy for each month.
Now the fun begins for the merchant in you!
Start to play "What if...?"
- That monthly ending inventory number doesn't look quite right? Okay, change turns. What difference would that make?
- Having second thoughts about reaching those sales numbers in some months? No problem; change expected sales in whatever months you want.
- Gross Margins can be changed each month as well. Need to open up some Open-to-Buy dollars? Which months do you want some special promotions?
It's Dynamic!
See the cause-effect results immediately, each time you change an input. Plus, for every plan you generate, the
BUYING PLAN Forecaster also
projects G.M.R.O.I. (That's the #1 measure of inventory productivity.)
Know your Open-to-Buy in minutes, on demand.
The Institute's BUYING PLAN Forecaster is one-of-a-kind. The formulas are all built in. Sophisticated, accurate, and easy to use.
Develop an inventory buying budget, wherever and whenever you need it. Even from your smartphone!