#105: Inventory Genius Masterclass Live Replay
The Inventory Genius Podcast
00:00
Managing Inventory with an Open-to-Buy System
The speaker explains the concept of 'open to buy' or a buying budget to effectively manage inventory. They discuss the formula for calculating the buying budget and emphasize the importance of accurate inventory tracking. Examples and tools are provided to determine the necessary amount of inventory and avoid overbuying or underbuying.
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