: If you plan $30,000 in sales, expect $700 in markdowns, and want $50,000 in EOM stock with $60,000 already at the start, your OTB budget is $20,700 . Step-by-Step Implementation
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The standard OTB calculation for a specific period (usually monthly) is: open to buy planning
To build an effective OTB plan, retailers like those using Shopify often follow these steps: : If you plan $30,000 in sales, expect