Sales Trends

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Definitions
Open-to-Buy (OTB)
Open-to-Buy Inventory Management Retail Merchandising Purchasing Sales Trends Stock Control
Open-to-buy (OTB) is a budgetary control system used by retailers to manage inventory purchases. It allows retailers to order merchandise based on actual sales trends while providing flexibility to adjust for unexpected changes in sales, markdowns, and other factors. The OTB method ensures that inventory levels are optimized, reducing the risk of overstock or stockouts.
Read more about Open-to-Buy (OTB).

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