Open To Buy -

: The target value of stock you want to have left over to start the next period.

: Tracks the number of items rather than their dollar value, which is helpful for replenishment and allocation across multiple locations. Alternative Meaning: Credit Cards open to buy

: Allows retailers to spend money on new products or replenishment based on actual performance data. The Standard OTB Formula : The target value of stock you want

Retailers typically use a basic formula to determine their available budget (often calculated in retail dollars): open to buy