: Anticipated discounts or promotions that will reduce the retail value of your inventory.
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
: The retail value of stock on hand at the start of the period.
Maximizing Retail Profit with an Open-to-Buy Excel Spreadsheet
: Anticipated discounts or promotions that will reduce the retail value of your inventory.
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 open to buy excel spreadsheet
: The retail value of stock on hand at the start of the period. : Anticipated discounts or promotions that will reduce
Maximizing Retail Profit with an Open-to-Buy Excel Spreadsheet open to buy excel spreadsheet