OTB

Business & Finance abbreviation · E-commerce & Retail

OTB
Stands forOpen to buy
CategoriesBusiness & Finance

OTB stands for Open to buy, an e-commerce & retail abbreviation.

Merchandise budget showing how much inventory a buyer can still purchase for a period, calculated from planned sales, planned markdowns and planned end-of-period inventory minus inventory already on hand and on order.

Example: We've used most of our OTB for spring, so new styles have to wait until June.

Usage notes

OTB planning keeps buyers from over-ordering and is standard in fashion and department store merchandising.

More e-commerce & retail abbreviations

  • NWOT – New without tags
  • NWT – New with tags
  • OBO – Or best offer
  • OMS – Order management system
  • OOS – Out of stock
  • OSA – On-shelf availability
  • P&P – Postage and packing
  • PDP – Product detail page
  • PIM – Product information management
  • PL – Private label
  • PLP – Product listing page
  • PLU – Price look-up code

See all 75 e-commerce & retail abbreviations →

Edited by the AbbreviationList.com team. Spotted an error or a missing meaning? Contact us.