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Open-to-Buy [OTB]

The ProcurelyIQ Glossary defines terms.
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Open-to-Buy (OTB) is budgeting tool controlling purchasing spend vs. sales, inventory, and receipt plans.

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ProcurelyIQ turns fragmented procurement, inventory, and assortment data into clear, actionable intelligence—much like a prism focusing scattered light into purposeful direction. We help small to mid-size retailers, wholesalers, and manufacturers cut through complexity to optimize assortments, strengthen inventory health, and build profitable, data‑driven procurement strategies. Visit us at www.ProcurelyIQ.com to learn more.