Open To — Buy Excel Spreadsheet

: Forecasted revenue based on historical data and current trends.

: Anticipated discounts or promotions that will reduce the retail value of your inventory. open to buy excel spreadsheet

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 : Forecasted revenue based on historical data and

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: The standard retail formula for OTB (expressed in

Alternatively, some retailers include stock in the deduction to find the exact remaining budget:

In the fast-paced world of retail, inventory is your greatest asset—but it can also be your biggest liability if not managed correctly. An plan is a strategic roadmap that helps you determine exactly how much inventory to purchase during a specific period to meet sales targets without overstocking.

To build your spreadsheet, you need to understand the fundamental calculation. The standard retail formula for OTB (expressed in retail dollars) is: