Retail Open To Buy [ HOT ]

Open-to-buy (OTB) is a financial budget used by retailers to determine how much inventory can be purchased over a specific period while staying within financial targets. It bridges the gap between high-level financial goals and day-to-day replenishment by calculating the remaining "budget" available for buying new merchandise. The Core Formula The most basic calculation for OTB in retail dollars is:. Open-to-Buy (OTB) Planning: The Key to Retail Growth