The actual or estimated stock on hand at the start of the month. Essential Spreadsheet Components
Your forecast of how much you expect to sell during the month. open to buy spreadsheet
3 Reasons Open-to-Buy is THE Critical Planning Tool for Retailers The actual or estimated stock on hand at
A functional OTB template typically includes the following columns or sections: It serves as a financial roadmap, helping you
Planned OTB=Planned Ending Inventory+Planned Sales+Planned Markdowns−Planned Beginning InventoryPlanned OTB equals Planned Ending Inventory plus Planned Sales plus Planned Markdowns minus Planned Beginning Inventory
An spreadsheet is a vital retail inventory planning tool that tells you exactly how much budget is available to purchase new merchandise for a specific period. It serves as a financial roadmap, helping you balance your sales goals with current stock levels to avoid tying up cash in stagnant inventory or losing sales due to stockouts. The Core OTB Formula