Prevents over-committing capital by buying too much stock.

Helps identify slow-moving inventory, allowing for faster stock rotation.

Ensures key products are available when customers want them.

What is Open-to-Buy (OTB)? Definition, Meaning & Examples - Board

Retailers use data rather than "gut instinct" to manage their inventory levels. An OTB plan typically factors in: The projected revenue for the period. Current Inventory: The physical stock already on hand. Projected Markdowns: Discounts expected during the period.

Open To — Buy Definition

Prevents over-committing capital by buying too much stock.

Helps identify slow-moving inventory, allowing for faster stock rotation. open to buy definition

Ensures key products are available when customers want them. Prevents over-committing capital by buying too much stock

What is Open-to-Buy (OTB)? Definition, Meaning & Examples - Board open to buy definition

Retailers use data rather than "gut instinct" to manage their inventory levels. An OTB plan typically factors in: The projected revenue for the period. Current Inventory: The physical stock already on hand. Projected Markdowns: Discounts expected during the period.