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Glossary

Buying & open-to-buy

What are receipts?

Stock arriving into the business in a period, also called intake.

Why it matters: Receipts are what you actually control through buying; they drive where stock lands.

Related terms

open-to-buy (OTB)

The amount of new stock you can receive this period and still hit the plan.

on order

Stock committed with suppliers but not yet received.

Plan with confidence. One set of numbers, every team, every week.

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