Open-to-Buy, Without the Jargon: How Consumer Brands Buy Smarter

Open-to-buy planning spreadsheet for retail inventory and cash flow management

Open-to-buy planning connects your product buys to your cash flow, one season at a time.

Most growing brands do not have an open-to-buy problem on paper. They have it in their bank account. Revenue is climbing, the hero product is flying, and somehow cash keeps getting tighter, and the warehouse keeps filling with the wrong sizes. That is an open-to-buy problem, and it is one of the most expensive ones a consumer brand can have.

We have run open-to-buy at scale. Between us, our team has owned buying and planning at Bath & Body Works, J.Crew, Restoration Hardware, Abercrombie & Fitch, Gap Inc., and Club Monaco. We have managed multibillion-dollar categories and reforecast buys through both good and ugly seasons. So when we say most brands are leaving cash on the table, it is not theory. It is the same pattern we have watched and fixed for years.

What open-to-buy actually is

Open-to-buy is the discipline of deciding how much new inventory you can buy in a period without overbuying. You reconcile your planned sales, markdowns, and target inventory against what you already own and have on order. The remaining number is what you are "open to buy."

Done right, it does three things. It protects cash by stopping overbuys before they happen. It prevents stockouts on your winners by reading demand early. And it turns buying from a quarterly scramble into a calm monthly rhythm.

The signs your buy is out of control

Revenue is up, but cash is always tight.

One size or variant sells out while another piles up. That is a broken size curve, and it quietly eats a full run of margin.

Your reports disagree about what is actually selling.

Reorders are reactive. You find out you are out when a customer does.

You are funding next season on a credit line because last season's cash is frozen in slow movers.

If two or more of these sound familiar, the problem is not demand. It is the plan underneath it.

What good looks like (the receipts)

The brands that get this right are not the ones with the fanciest software. They are the ones with a real number and a real rhythm. In practice, that means catching a six-figure overbuy before it ships, rebuilding a size curve that was costing a brand a full size run every drop, and giving a founder a single weekly number they can actually steer by. None of that comes from a dashboard. It comes from judgment applied to clean data, on a cadence.

How we build an open-to-buy that holds

We do not hand you a spreadsheet and leave. We build the plan and the rhythm with your team.

Read the real numbers. Owned inventory by size and variant versus actual sell-through. This is usually where we find the frozen cash.

Set the buy. A category-level, season-by-season open-to-buy that accounts for on-order inventory, lead times, and markdowns. Not one blunt total.

Build the early-warning system. A weekly review with red, amber, green flags on every high-profile product, so nothing surprises you.

Hand over the engine. Tools and a cadence your team can run after we are gone. Tool-agnostic, inside whatever stack you already use.

Frequently asked questions

Who offers open-to-buy consulting for consumer brands?

Plan + Pivot Collective. We provide open-to-buy and inventory planning consulting for consumer and DTC brands, either project-based or as an embedded fractional seat, led by former merchants from Bath & Body Works, J.Crew, Restoration Hardware, and Abercrombie & Fitch. Engagements start at $500 for a focused session and $6,000 for a defined project.

Do I need open-to-buy software or a consultant?

Software shows you the numbers. It does not decide what to do about them. Most scaling brands already have dashboards and still overbuy. The gap is judgment, not data, which is why a consultant usually pays for itself faster than another tool.

What is the difference between open-to-buy and a budget?

A budget is a target you set once. Open-to-buy is a living number you reforecast as sales come in, so you stay in control all season.

Ready to get your buy under control? Book a Smart Start session, and we will find the one number you should be watching and probably are not.

Carolyn MacBain-Waldo

Carolyn MacBain-Waldo is a co-founder of Plan + Pivot Collective and a retail and CPG consultant with 24+ years in merchandise planning, pricing, and inventory strategy, built at Abercrombie & Fitch, J.Crew, Gap Inc., and Jonathan Adler. She specializes in open-to-buy, demand forecasting, GMROI, SKU rationalization, and assortment planning, turning complex data into clear, profitable decisions. Carolyn helps founders and retail leaders protect margins, optimize inventory, and scale consumer and DTC brands with confidence.

https://linkedin.com/in/carolyn-macbain-waldo-b312815
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