Open To Buy Definition -
The target stock level for the end of the period. Why Retailers Use It
Plans can be broken down by entire store, specific seasons, departments, or even individual vendors. The Core Formula open to buy definition
While specific variations exist, the fundamental logic behind OTB is: The target stock level for the end of the period
Prevents over-committing capital by buying too much stock. Meaning & Examples - Board
Ensures key products are available when customers want them.
What is Open-to-Buy (OTB)? Definition, Meaning & Examples - Board