: Inventory that has been purchased but not yet received. 3 Reasons to Use an OTB Spreadsheet
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)? open to buy excel spreadsheet
A functional OTB spreadsheet should include columns for each month or week of the planning period (typically 6 to 12 months). Essential data rows include: : Inventory that has been purchased but not yet received
: Anticipated discounts or promotions that will reduce the retail value of your inventory. an remains a solid
: The target stock level you want to have remaining to support the following month's sales.