IntroductionOpen-to-Buy (OTB) is a crucial financial tool for fashion retailers, enabling them to effectively manage their inventory and make informed purchasing decisions. By leveraging the power of Excel, retailers can accurately calculate their OTB and maintain optimal inventory levels.
In this article, we will provide step-by-step guidance on how to calculate OTB using Excel, empowering fashion retailers to enhance their retail
merchandise planning and achieve better financial outcomes.