At its core, Open to Buy is a retail inventory budgeting strategy. It calculates exactly how much money you have available to spend on new products after accounting for the stock you already have and the orders already on the way.
Dedicated OTB software, like the tools offered by Shopify or Celerant , automates this process by: Open-to-Buy Planning for Growing Brands - Boon LLC open to buy software
Many small retailers start with spreadsheets, but as you scale, manual tracking often leads to "inventory gaps." If your sales, returns, and purchase orders aren’t synced in real-time, your OTB numbers will quickly fall out of sync. At its core, Open to Buy is a
This is where software comes in. Think of it as a financial GPS for your merchandise. What is Open to Buy? This is where software comes in