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Retailing - Information Systems and Supply Chain Management
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Retailing - Information Systems and Supply Chain Management
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25 Questions

1. Vendor-managed inventory (vmi)

2. Security policy

3. Strategy in which orders are generated at store level on the basis of demand data captured by point-of-sale terminals

4. Procedures for making price labels and placing them on the merchandise

5. A person who coordinates deliveries from the vendor to the distribution centre or stores - or from the distribution centre to stores

6. Beacon technology

7. The buildup of inventory in an uncoordinated channel

8. Includes authentication - authorization - and integrity

9. The system ensures or verifies that the person at the other end of the communication has permission to carry out the request

10. Items that are unloaded from the shippers' truck and within a few hours reloaded onto trucks going to stores

11. A supply chain system in which retailers receive orders from customers and relay these orders to a vendor and then the vendor ships the merchandise ordered directly to the customer; also called consumer direct fulfillment

12. Consignment

13. Data warehouse

14. Obtain a service from outside the company that had previously been done by the firm itself

15. Advance shipping notice (asn)

16. Processes merchandise that is returned because it is damaged - has been recalled - is no longer sold to customers because its selling season has ended - the product has been discontinued - or has excessive inventory

17. Companies that purchase transport services; they then consolidate small shipments from a number of shippers into large shipments that move at a lower freight rate

18. Radio frequency identification (rfid)

19. Warehouses that are owned and operated by a third party

20. Universal product code (upc)

21. Electronic data interchange (edi)

22. The process of filling out paperwork to record the receipt of merchandise that arrives at a store or distribution centre

23. Part of the supply chain process that plans - implements - and controls the efficient - effective flow and storage of goods - services - and related information from the point of origin to the point of consumption to meet customers' requirements

24. A method of delivering merchandise to stores in which vendors distribute merchandise directly to the stores rather than going through distribution centres

25. A document that tells the order filler how much of each item to get from the storage area

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