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
While specific variations exist, the fundamental logic behind OTB is: open to buy definition
Prevents over-committing capital by buying too much stock. For a deeper dive into retail planning, resources
What is Open-to-Buy (OTB)? Definition, Meaning & Examples - Board allowing for faster stock rotation.
Helps identify slow-moving inventory, allowing for faster stock rotation.