Open To Buy Excel Spreadsheet May 2026
: Anticipated discounts or promotions that will reduce the retail value of your inventory.
: Inventory that has been purchased but not yet received. 3 Reasons to Use an OTB Spreadsheet
: Forecasted revenue based on historical data and current trends. open to buy excel spreadsheet
Open-to-Buy=(Planned Sales+Planned Markdowns+Planned Ending Inventory)−Planned Beginning InventoryOpen-to-Buy equals open paren Planned Sales plus Planned Markdowns plus Planned Ending Inventory close paren minus Planned Beginning Inventory
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: : Anticipated discounts or promotions that will reduce
: The target stock level you want to have remaining to support the following month's sales.
Maximizing Retail Profit with an Open-to-Buy Excel Spreadsheet It calculates the dollar amount or unit count
At its core, OTB is an inventory budgeting system. It calculates the dollar amount or unit count of merchandise a retailer has available to purchase after accounting for current stock on hand and outstanding orders. The Core OTB Formula