Open To Buy Definition May 2026
What is Open-to-Buy (OTB)? Definition, Meaning & Examples - Board
While specific variations exist, the fundamental logic behind OTB is: open to buy definition
Retailers use data rather than "gut instinct" to manage their inventory levels. An OTB plan typically factors in: The projected revenue for the period. Current Inventory: The physical stock already on hand. Projected Markdowns: Discounts expected during the period. What is Open-to-Buy (OTB)