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



ROI Members: Get Half-Price Discount!

Sound merchandise management is crucial for the survival and prosperity of every retail business, whether bricks-and-mortar, online, or special order.

The Basics of Open-to-Buy Kit

Another eLearning Kit from The ROI • online training • "in the cloud" calculator • Just $49!

Merchandise management is both an art and a science.

The Buyer in a retail operation provides the "art": taste and judgment.

The ROI's Basics of Open-to-Buy Kit teaches the "science" - the math - of projecting and controlling inventory. And, provides the "executive calculator" - the BUYING PLAN Forecaster - that automates the number crunching!

Available NOW - Unlimited Access

Sign up and start immediately. Get Access Privileges to the complete Basics of Open-to-Buy Kit.  All for just $49.
And, ROI Members get Half-Price Discount! Members pay just $24.50.

Go through the self-paced online training course, Projecting & Controlling INVENTORY BUYING. At your own pace. As many times as you want.

Then use the "in the cloud" BUYING PLAN Forecaster as much and as often as you wish. No additional cost.  Online, on-demand, 24/7.

Click here •  Sign up NOW • Just $49

Watch the BUYING PLAN Forecaster in action. See how to control your inventory - on your own - with an Open-to-Buy plan.
Easy and fast for retailers!


eLearning Course Overview

  • 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 online BUYING PLAN Forecaster to "automate" Open-to-Buy planning.


BUYING PLAN Forecaster

The BUYING PLAN Forecaster is one of The ROI's Executive Calculators for Retailers. It is available online, "in the cloud", 24/7 for 90 days 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!

Enter numbers you know (your expectations for sales and margins.) Set the targeted turnover rate. Immediately see a monthly buying plan! (And its GMROI!)

Enter merchandise on-order; immediately see Net Open-to-Buy.

Make any changes to sales, margins, turns - immediately see new Open-to-Buy plan!




Copyright 1999–2012 by The Retail Owners Institute® and Outcalt & Johnson: Retail Strategists, LLC