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  2. Retail assortment strategies - Wikipedia

    en.wikipedia.org/wiki/Retail_assortment_strategies

    Assortment strategies are used by retailers in brick-and-mortar and ecommerce to decide on a daily basis how to allocate inventory to their stores as part of their merchandise planning processes. Such strategies are integral for retailers because they directly affect how their customers interact with their merchandise, and therefore, their ...

  3. Retail floorplan - Wikipedia

    en.wikipedia.org/wiki/Retail_floorplan

    Retail floor planning (also referred to as floorplanning or inventory financing) is a type of short term loan used by retailers to purchase high-cost inventory such as automobiles. These loans are often secured by the inventory purchased as collateral. Floor planning is commonly used in new and used car dealerships.

  4. Retail format - Wikipedia

    en.wikipedia.org/wiki/Retail_format

    Retail format. The retail format (also known as the retail formula) influences the consumer's store choice and addresses the consumer's expectations. At its most basic level, a retail format is a simple marketplace, that is; a location where goods and services are exchanged. In some parts of the world, the retail sector is still dominated by ...

  5. Vendor-managed inventory - Wikipedia

    en.wikipedia.org/wiki/Vendor-managed_inventory

    Vendor-managed inventory ( VMI) is an inventory management practice in which a supplier of goods, usually the manufacturer, is responsible for optimizing the inventory held by a distributor. Under VMI, the retailer shares their inventory data with a vendor (sometimes called supplier) such that the vendor is the decision-maker who determines the ...

  6. Warehouse management system - Wikipedia

    en.wikipedia.org/wiki/Warehouse_management_system

    The core function of a warehouse management system is to record the arrival and departure of inventory. From that starting point, features are added like recording the precise location of stock within the warehouse, optimising the use of available space, or coordinating tasks for maximum efficiency.

  7. Category management - Wikipedia

    en.wikipedia.org/wiki/Category_management

    Category management is a retailing and purchasing concept in which the range of products purchased by a business organization or sold by a retailer is broken down into discrete groups of similar or related products. These groups are known as product categories (examples of grocery categories might be: tinned fish, washing detergent, toothpastes ...

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