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Food Marketing Institute
Industry: Retail
Number of terms: 13685
Number of blossaries: 0
Company Profile:
The cubic measurement (volume) of a quantity of product, calculated by multiplying its height by width by depth. Cube measurement is associated with the capacity of trucks, warehouse, backroom or shelf space.
Industry:Retail
The costs of operating a business.
Industry:Retail
The costs associated with a building (either a distribution center or store), including lease payments or amortized capital outlay, plus all maintenance and utilities.
Industry:Retail
The cost of the capital employed in holding an asset (such as inventory) calculated as an interest rate (internal borrowing rate or opportunity cost of capital) times the amount of capital employed.
Industry:Retail
The cost paid by a company (including freight) for the goods it sells to its customers. COGS is computed by adding the cost of the inventory at the beginning of the period to the cost of goods received by the store (or warehouse) during the period, then subtracting the cost of the inventory at the end of the period.
Industry:Retail
The cost of borrowed money including all interest charges on short- or long-term debt and capital lease obligations.
Industry:Retail
The computer system used in a store to transmit orders and payroll to the Office/Distribution Center and receive price changes, PPUM Tags and delivery schedules from the Office/Distribution Center.
Industry:Retail
The concept of grouping related products together in the supermarket in order to offer consumers a simplified shopping experience.
Industry:Retail
The computed, average retail price of all products sold in a store.
Industry:Retail
The complete set of data elements which must be taken into account whenever software systems are written. Industry efforts are underway to define a standard data model for retailers.
Industry:Retail