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Food Marketing Institute
Industry: Retail
Number of terms: 13685
Number of blossaries: 0
Company Profile:
A calculation of the worth, expressed in dollars, of the inventory in a store that is determined by dividing the costs of goods sold by the number of retail/wholesale turns.
Industry:Retail
A calculation that determines a product's current cost by adding a product's current cost to its replacement cost and dividing that sum by two.
Industry:Retail
A calculation of the profit of a product by the number of product turns and gross profit.
Industry:Retail
A calculation of the price of each ingredient used to prepare foods, such as potato salad.
Industry:Retail
A buyer who places orders directly with a manufacturer and bypasses a wholesaler.
Industry:Retail
A bar code system and data format used for primary and secondary product identification in Europe.
Industry:Retail
A buyer's data sheet listing product and promotional information and allowances that must be completed by the seller at the buying office.
Industry:Retail
A calculation of exact profits or losses resulting from an advertisement.
Industry:Retail
A buying arrangement or terms of sale that offer special purchasing incentives; a promotion or a trade deal.
Industry:Retail
A business or person with a line of credit that is not backed by collateral.
Industry:Retail
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