Open To Buy Spreadsheet «Authentic ✰»

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

The amount of stock you want to have left over at the end of the month to start the next period.

Usually broken down by month or season to track changes over time. open to buy spreadsheet

The actual or estimated stock on hand at the start of the month. Essential Spreadsheet Components

Your forecast of how much you expect to sell during the month. An spreadsheet is a vital retail inventory planning

3 Reasons Open-to-Buy is THE Critical Planning Tool for Retailers

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 Usually broken down by month or season to

Expected discounts or price reductions to move older stock.