Ensures key products are available when customers want them.
Prevents over-committing capital by buying too much stock. open to buy definition
Plans can be broken down by entire store, specific seasons, departments, or even individual vendors. The Core Formula Ensures key products are available when customers want them
For a deeper dive into retail planning, resources like the Shopify Retail Blog and Board's Glossary offer detailed guides and formulas for different business sizes. AI responses may include mistakes. Learn more the fundamental logic behind OTB is:
While specific variations exist, the fundamental logic behind OTB is: