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MSA FORWARD 2023
May 17-21, 2023
Educational Session Recording

The Nuts and Bolts of Open to Buy

Presenter: Kirsten Parker

Knowledge Standards: Merchandise Planning;Financial Management;Strategic Management;Boot Camp

Session Description: Add this, subtract that, divide by this, and then multiply that, it’s just that simple, right? Ha! You can reach optimal inventory levels, improve your inventory flexibility, determine how to effectively use your budget, and gain better financial control with “Open to Buy”, without even understanding how 2 + 2 = 4. Join us as we demystify the open to buy formula and walk away with a ready to go document to plug in your museum’s information and get started, all without event looking at a calculator.