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Open to buy (OTB)

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Open to buy (OTB)


Posted on : 2025-01-06 16:32:16 | Author : IGNOU Academy | View : 35

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Word Count : 233

Open to Buy (OTB) is a crucial inventory management tool used by retailers to control the purchasing process and ensure that they are neither overstocked nor understocked. It is a budgeted amount that a retailer can spend on inventory during a specific period, calculated based on existing stock, sales forecast, and planned receipts. The OTB system helps retailers ___________ ___________ __________ ____________ _____ ______ ______ __________ ______.
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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



IGNOU BRL 10 Solved Assignment 2024 2025
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