3 Reasons Open-to-Buy is THE Critical Planning Tool for Retailers
Rows for Beginning of Month (BOM) and End of Month (EOM) inventory levels.
Expected discounts or price reductions to move older stock. open to buy spreadsheet
A calculation to ensure you aren't over-investing relative to your sales volume. Why Retailers Use OTB Spreadsheets
An spreadsheet is a vital retail inventory planning tool that tells you exactly how much budget is available to purchase new merchandise for a specific period. It serves as a financial roadmap, helping you balance your sales goals with current stock levels to avoid tying up cash in stagnant inventory or losing sales due to stockouts. The Core OTB Formula 3 Reasons Open-to-Buy is THE Critical Planning Tool
The actual or estimated stock on hand at the start of the month. Essential Spreadsheet Components
Your forecast of how much you expect to sell during the month. Why Retailers Use OTB Spreadsheets An spreadsheet is
The amount of stock you want to have left over at the end of the month to start the next period.