selection - getting and offering products and services that customers want, product categories - types of merchandise and services that are organized together into groups, big box store - a retail store that occupies an enormous amount of physical space and offers a variety of products to its customers, manufacturer incentive - a financial strategy used by manufacturers to motivate retailers to sell their products by offering discounts on those products.such as a reduced purchase price for the retailer, a cash payment, or a cash incentive, such as a rebate to the customer, allocation - distributing merchandise from the manufacturer to a retailer's locations, distribution center - a building used for receiving, temporary storage, and distribution of goods according to orders as they're received, like a bridge between the supplier and the retailer, warehouse - a large building used for storage, replenishment - filling in the store's supplies if they run low, and as the store's customers buy the product, distribution - supplying goods to stores and other businesses that sell to consumers, logistics department - department that schedules the arrival of trucks, pallet - a wooden platform on which goods are stacked, inbound department - workers unload incoming products from the trucks, picking department - uses replenishment reports to retrieve cases of items that will be sent to the outbound team, outbound department - load trailers with products or supplies, packing department - handle small items that need to be repacked, facilities and maintenance - keeps the DC safe and clean, stockroom - a room where products or materials are kept until they are needed:, shelf life - the time an item remains usable, saleable, or fit for consumption, seasonal merchandise - merchandise that's available for a defined period of time, markdowns - reductions in price, such as discounts, sale prices, and specials,
1.2 The Retail Product Cycle
This leaderboard is currently private. Click
to make it public.
This leaderboard has been disabled by the resource owner.
This leaderboard is disabled as your options are different to the resource owner.
Log in required
Log in required
More formats will appear as you play the activity.