: The value of the stock you already have on hand at the start of the period. Types of OTB
Retailers may track OTB in different ways depending on their specific needs: open to buy
Retailers typically use a basic formula to determine their available budget (often calculated in retail dollars): : The value of the stock you already
The primary goal of OTB planning is to maintain the right inventory balance. open to buy
: Ensures popular items remain available for customers to prevent lost sales.