Shopping - Retail Trade
B2B - business to business
B2C - business to consumer
CNP - card not present. Credit card not seen at point of transaction, e.g. in internet sales (potential fraud
CRP - continuous replenishment program. Goods replenished on the basis of forecast demand.
CRM - customer relationship management.
E-commerce - sales carried out through the internet.
EAS - electronic article surveillance. Anti-shoplifting device.
EDI - electronic data interchange - this is an IT system that monitors sales and profits and stock
GP - gross profit
HR - human resources.
POS - point of sale - usually refers to information around the store i.e. Point of sale material
Margin - the difference between the buying price and the selling price in %age terms
SCM - supply chain management - literally managing the stock from point of origin though to sales floor
T-commerce - sales carried out through television.
ADD YOUR OWN JARGON TO THIS SECTION:-
Warning: include(xcommentpro/Main.php): failed to open stream: No such file or directory in /freeola/users/3/2/sr0342023/htdocs/retail-trade-jargon.php on line 149
Warning: include(): Failed opening 'xcommentpro/Main.php' for inclusion (include_path='.:/usr/share/pear:/usr/share/php') in /freeola/users/3/2/sr0342023/htdocs/retail-trade-jargon.php on line 149