Open To - Buy Spreadsheet
The amount of stock you want to have left over at the end of the month to start the next period.
An spreadsheet is a vital retail inventory planning tool that tells you exactly how much budget is available to purchase new merchandise for a specific period. It serves as a financial roadmap, helping you balance your sales goals with current stock levels to avoid tying up cash in stagnant inventory or losing sales due to stockouts. The Core OTB Formula
A column for inventory that has already been purchased but has not yet arrived. open to buy spreadsheet
A functional OTB template typically includes the following columns or sections:
Planned OTB=Planned Ending Inventory+Planned Sales+Planned Markdowns−Planned Beginning InventoryPlanned OTB equals Planned Ending Inventory plus Planned Sales plus Planned Markdowns minus Planned Beginning Inventory The amount of stock you want to have
3 Reasons Open-to-Buy is THE Critical Planning Tool for Retailers
Expected discounts or price reductions to move older stock. The Core OTB Formula A column for inventory
Usually broken down by month or season to track changes over time.