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: Anticipated discounts or promotions that will reduce the retail value of your inventory.

: Forecasted revenue based on historical data and current trends. open to buy excel spreadsheet

In the fast-paced world of retail, inventory is your greatest asset—but it can also be your biggest liability if not managed correctly. An plan is a strategic roadmap that helps you determine exactly how much inventory to purchase during a specific period to meet sales targets without overstocking. : Anticipated discounts or promotions that will reduce

To build your spreadsheet, you need to understand the fundamental calculation. The standard retail formula for OTB (expressed in retail dollars) is: open to buy excel spreadsheet

: The target stock level you want to have remaining to support the following month's sales.