Open to buy (OTB)

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Open to Buy (OTB) is a crucial inventory management tool used in retail and merchandising to ensure that the right amount of stock is available to meet customer demand while minimizing excess inventory. It involves a planned purchasing strategy that takes into account various factors, including current inventory levels, sales forecasts, and market trends.

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Degree : BACHELOR DEGREE PROGRAMMES
Course Name : BBA in Retailing with the Modular Apporach
Course Code : BBARL
Subject Name : Buying and Merchandising-II
Subject Code : BRL 10
Year : 2024 2025