Open To Buy Xls »
Offers a free template to map financial targets to inventory receipts. Profits Plus: Provides a free Excel OTB calculator.
An plan is a crucial retail inventory management tool that calculates how much inventory you need to purchase to meet sales forecasts without overstocking . Using an Excel (XLS) template allows you to track these metrics monthly and adjust purchasing based on real-time sales performance. Core Components of an Open to Buy XLS
Several resources offer free OTB templates you can download immediately: open to buy xls
OTB is only as good as the input data (actual sales vs. forecasted sales).
Stock on hand at the start of the month. Offers a free template to map financial targets
Provides a robust 6-month merchandise planning template with instructions.
Planned Sales+Planned Markdowns+EOM Inventory−BOM Inventory−On Order=Open to BuyPlanned Sales plus Planned Markdowns plus EOM Inventory minus BOM Inventory minus On Order equals Open to Buy If you plan to sell in EOM inventory, have in BOM inventory, and have in markdowns, the formula is available to buy. Where to Find Open to Buy Excel Templates Using an Excel (XLS) template allows you to
Offers a step-by-step guide to building a 6-month plan in Excel. Tips for Effective OTB Management