Plans can be broken down by entire store, specific seasons, departments, or even individual vendors. The Core Formula
Helps identify slow-moving inventory, allowing for faster stock rotation. open to buy definition
What is Open-to-Buy (OTB)? Definition, Meaning & Examples - Board Plans can be broken down by entire store,
While specific variations exist, the fundamental logic behind OTB is: open to buy definition
Prevents over-committing capital by buying too much stock.