Excel Spreadsheet: Open To Buy

While high-end retail management systems exist, an remains a solid, accessible tool for many small to medium-sized businesses to gain control over their cash flow and inventory levels. What is Open-to-Buy (OTB)?

: The retail value of stock on hand at the start of the period. open to buy excel spreadsheet

Alternatively, some retailers include stock in the deduction to find the exact remaining budget: While high-end retail management systems exist, an remains

OTB=Projected Sales+Planned Ending Inventory−Beginning Inventory−Already on OrderOTB equals Projected Sales plus Planned Ending Inventory minus Beginning Inventory minus Already on Order Key Components of an OTB Excel Template Alternatively, some retailers include stock in the deduction

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