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OTB=Projected Sales+Planned Ending Inventory−Beginning Inventory−Already on OrderOTB equals Projected Sales plus Planned Ending Inventory minus Beginning Inventory minus Already on Order Key Components of an OTB Excel Template
: Anticipated discounts or promotions that will reduce the retail value of your inventory.
Alternatively, some retailers include stock in the deduction to find the exact remaining budget: open to buy excel spreadsheet
: Forecasted revenue based on historical data and current trends.
Maximizing Retail Profit with an Open-to-Buy Excel Spreadsheet : Inventory that has been purchased but not yet received
: The retail value of stock on hand at the start of the period.
: Inventory that has been purchased but not yet received. 3 Reasons to Use an OTB Spreadsheet open to buy excel spreadsheet
: The target stock level you want to have remaining to support the following month's sales.