What Is Open-to-Buy Planning and How Does It Help Retailers?
An Open-to-Buy (OTB) template is a strategic inventory budgeting tool used by retailers to determine the precise amount of merchandise they can afford to purchase for a specific period. Functioning like a financial "checkbook" for inventory, it ensures that stock levels align with projected sales targets while protecting cash flow and preventing overstocking. retail open to buy template
A standard retail OTB template typically includes several key variables that are calculated on a rolling monthly or weekly basis. What Is Open-to-Buy Planning and How Does It Help Retailers