Open to Buy requires several steps for inputting data required. Begin by selecting Inventory > Buying Tools > Open to Buy. After completing the fields in each step, select Next.
NOTE: To change data in an earlier step, select Back.
Step 1: Dates
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Starting
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List the starting date for the proposed buy period. This date must be in the future.
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Ending
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List the ending date for the proposed buy period. This date must be in the future.
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Include Special Orders
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Whether to include special order data in the output.
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Step 2: Sales Estimates
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Buy Period
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Lists the time periods entered in step 1 but for previous years’ sales.
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Total COGS
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The total cost of goods sold for the listed period for previous years’ sales.
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Special Orders
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The total COGS from special orders for previous years’ sales.
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Repeat Sales
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The total COGS from repeat sales for previous years’ sales.
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Net COGS
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The net cost of goods sold for previous years’ sales.
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(COGS) Sales (estimate)
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The Edge’s predictions, excluding special orders and repeat sales. The default value will be weighted according to the previous three years of buying periods.
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Interim
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The time period between today and the start of the target period but for previous years.
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Total COGS
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The total cost of goods sold for the listed period but for previous years.
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Special Orders
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The total COGS from special orders but for previous years.
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Repeat Sales
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The total of COGS from repeat sales but for previous years.
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Net COGS
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The net cost of goods sold but for previous years.
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Estimate
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The Edge’s summary of what to spend, excluding special orders and repeat sales. The default value will be weighted according to the previous three years of buying periods.
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To generate the report, select Finish.