Open To Buy Excel Spreadsheet -
Open-to-Buy=(Planned Sales+Planned Markdowns+Planned Ending Inventory)−Planned Beginning InventoryOpen-to-Buy equals open paren Planned Sales plus Planned Markdowns plus Planned Ending Inventory close paren minus Planned Beginning Inventory
OTB=Projected Sales+Planned Ending Inventory−Beginning Inventory−Already on OrderOTB equals Projected Sales plus Planned Ending Inventory minus Beginning Inventory minus Already on Order Key Components of an OTB Excel Template
: Inventory that has been purchased but not yet received. 3 Reasons to Use an OTB Spreadsheet
In the fast-paced world of retail, inventory is your greatest asset—but it can also be your biggest liability if not managed correctly. An plan is a strategic roadmap that helps you determine exactly how much inventory to purchase during a specific period to meet sales targets without overstocking.
At its core, OTB is an inventory budgeting system. It calculates the dollar amount or unit count of merchandise a retailer has available to purchase after accounting for current stock on hand and outstanding orders. The Core OTB Formula
A functional OTB spreadsheet should include columns for each month or week of the planning period (typically 6 to 12 months). Essential data rows include:
Open-to-Buy=(Planned Sales+Planned Markdowns+Planned Ending Inventory)−Planned Beginning InventoryOpen-to-Buy equals open paren Planned Sales plus Planned Markdowns plus Planned Ending Inventory close paren minus Planned Beginning Inventory
OTB=Projected Sales+Planned Ending Inventory−Beginning Inventory−Already on OrderOTB equals Projected Sales plus Planned Ending Inventory minus Beginning Inventory minus Already on Order Key Components of an OTB Excel Template
: Inventory that has been purchased but not yet received. 3 Reasons to Use an OTB Spreadsheet
In the fast-paced world of retail, inventory is your greatest asset—but it can also be your biggest liability if not managed correctly. An plan is a strategic roadmap that helps you determine exactly how much inventory to purchase during a specific period to meet sales targets without overstocking.
At its core, OTB is an inventory budgeting system. It calculates the dollar amount or unit count of merchandise a retailer has available to purchase after accounting for current stock on hand and outstanding orders. The Core OTB Formula
A functional OTB spreadsheet should include columns for each month or week of the planning period (typically 6 to 12 months). Essential data rows include:
