A Glossary

Term	Definition	Example	See Also
Account Number	The number that identifies your holdings at a bank.
Accounts Payable	The amount due to a creditor on an account.
Acquisition Cost	The cost that the retailer acquired the item on this record at, from the supplier. This cost includes any applicable deals (using deal pass through logic) and ELC (if ELC is on for the system and included for franchise stores).
Action	The type of task that will be accomplished for the module.
Activate Date	The date that a function is effective in the system.		Effective Date
Activity Schedule Retention	The retention period, in months, for activity schedules. When the schedules have exceeded the retention period, they are automatically purged by a regularly scheduled batch program.
Actual Order Quantity	The final number ordered for an item. The AOQ defaults to the system's recommended order quantity and can be changed by the user.		Recommended Order Quantity
Ad Case Number	Anti Dumping
Ad Valorem Tax	Tax imposed at a rate based on the percentage of the value of the merchandise.
Address	The place where an entity is located.
Adjust	The method of changing the price of an item to meet the method selected.		Ends In, Price Point, Rounding
Adjustment Amount	The monetary change between the original value and the new value.
Adjustment Qty	The change in number between the original value and the new value.
Advanced Shipment Notice	An electronic data interface (EDI) transaction from vendor to retailer which identifies the vendor number, order number, carton contents and store destination for a particular delivery.
Advice Method	The way in which the advising bank notifies the beneficiary that a letter of credit has been opened in their favor.
Advising Bank	The bank that informs the beneficiary that a letter of credit has been opened in their favor.
Allocation	A buying, planning and distribution process in which store need is determined based on metrics that fit the product, store characteristics, and product life cycle.
Amendment	Additional information or changes appended to a letter of credit. The amendment may affect the total value of the credit.		Effect
Amount	The monetary number or quantity.
Appointment	The arrangement made between the supplier and the warehouse for delivery to the warehouse.
Approval Date	The date on which an element is available for use in the system, and may be released to external systems.
Area	The third level of the organizational hierarchy, a subgroup of a chain.
Arrival Date	The date on which the goods arrived at the discharge port.
Assessment	Assessments are the components that make up the total dutycharges for an item.
Attribute	An identifying quality. Attributes provide a way to record specific information about locations, items, and suppliers. An attribute may be associated with multiple items or multiple locations.
Audit	A formal examination of an organization's or individual's accounts or financial situation.
Authorization Number	The number approving a transaction, especially credit cards.		Authorization source
Authorization Source	The origin of the approval of a transaction, especially for credit cards.		Authorization number
Authorize Min Amt	The lowest monetary amount requiring authorization for various tender types
Automatic	A type of order control that determines that purchase orders for the recommended order quantities are created in approved status.		Order control
Average Cost	The total cost of all units of all items, divided by the total number of units. The UOM is determined by the Average Cost Selling UOM.		Average Cost Selling Unit of Measure
Average Cost Selling Unit of Measure	The selling unit of measure by which average cost is tracked.		Average Cost
Back Order	An unfilled costumer order or commitment. It is an immediate or past due demand against an item whose inventory is insufficient to satisfy the demand.
Backhaul	The practice of stopping at a supplier's location to pickup product and receive a discount.
Balancing Level	The level at which your system is set to balance the declared totals against the system summarized totals. The balancing levels are Store, Register, or Cashier.
Bank	An establishment for the custody, loan, exchange, or issue of money, for the extension of credit, and for facilitating the transmission of funds.
Banner	Groupings that can be used to distinguish one area of your business from another. Typically used to group channels.	Store specializing in Children's merchandise, Store specializing in Adult merchandise	Channel
Base Cost	The cost that item/locations with in the same cost zone group base their costs on.
Base Date	The first date of a timeline
Base Default	The price that item/locations with in the same price zone groups base their prices on
Base Price	The original price of the promotional item before any discount is applied.
Base Retail	Identifies the base price for item/locations based on the price zone that contains the base retail for the item.
Beneficiary	Identifies the agency for whom the letter of credit is issued, typically the supplier.
Bill Back	For deals, indicates that the deal component is not reflected in the unit cost of the item on the purchase order. The deal component is calculated at a later date.
Bill of Lading	A list of items, contained in cartons, that are part of a shipment
Bill to Location	The location to which suppliers are instructed to send invoices
Block	The area in a flyer where an advertisement appears.		Page, Segment
Book Transfer	A transfer between two virtual warehouses within the same physical warehouse to transfer ownership of merchandise.
Bracket	A quantity range that corresponds to a price, as set by the supplier.
Bracket Costing	Bracket costing occurs when your organization receives a certain price on an order depending on the size of the order. Different types of brackets can be established, based on mass, volume, pallet, case, each, or stat case.
Break Pack Warehouse	A distribution center that receives merchandise from a vendor, divides the merchandise per individual store order, and ships the smaller quantities to the store.
Bus Day	The date a location was open and transactions occurred at the location.
Buyer	The person responsible for the purchase of merchandise, products, materials, or services.
Calculation Basis	The base on which to calculate the cost component. Value: The expense, assessment, or upcharge is a percentage of the value of the goods. If you select Value, you can either select the computation value base against which you want to calculate the component or indicate in the Component Nomination area the calculations in which the component should be included. Specific: The expense, assessment, or upcharge is calculated per unit.
Cancel	To call off without the expectation of proceeding at a future time.
Candidate	A transportation record that has been marked for finalization.		Finalization
Carrier/Routing Type	The freight company that delivers a shipment.
Carton	A container that is part of a Bill of Lading (BOL).		Bill of Lading
Case	The primary unit of an item. A case is composed of inners. Inners may be composed of multiple eaches. Quantities are ordered and shipped based on case size.
Cash Discount	The monetary value of discounts credited by the vendor during the time period at the selected location. Cash discounts increase the gross profit margin.
Cashier	The individual who receives payment for items sold at the point of sale.
Catch Weight	The weight of an item when it arrives at a location.
Chain	The second level of the organization hierarchy.
Channel	A method of grouping like selling methods.	Brick and mortar, kiosk, web-store.	Banner
Charge	The amount that has been deducted from a letter of credit.
Charge Refund Fee	A fee that is charged to a customer if a money order is returned.
Check Digit	The digit verified when determining if the routing number is correct.
Child Item	An item that has one or two item levels above it
City	An inhabited place of greater size population or importance than a town or village.
Claim	A request to a partner for reimbursement for damaged merchandise and inadequate quantities.
Class	The fifth level in the merchandise hierarchy. The class breaks down the merchandise hierarchy. A class can belong to one department.
Clearance	The process of moving merchandise out of the store by strategically reducing the price.
Clearance Markdown %	The percentage difference between the original retail and the clearance price.	Clearance markdown = original retail - clearance
Clearance Retention	The retention period, in months, for clearance events. When the clearance events have exceeded the retention period, they are automatically purged by a regularly scheduled batch program.
Cleared	The process of passing merchandise through the customs agency.
Close Stock	The monetary value of stock on hand at the end of the time period for the selected location.
Closed Store			Location Closed, Activity Schedule
Closing Inventory	The retail value of the stock on hand at the end of the month.	Closing inventory at retail = opening inventory at
Closing Inventory Cost	The cost value of the stock on hand at the end of the month.	Closing inventory at cost = opening inventory at c
COLT Days Added to Forecast	See COLT
Commit Max Counter	The number of records that must be processed before the data is committed.
Commodity	A mass-produced unspecialized product.
Company	The highest level in the organizational and merchandise hierarchies. Only one company is allowed in Merchandising.
Competitor	One selling or buying goods or services in the same market as another
Competitor	A store that sells similar products, which may lead to rivalry. Stores may compete against store in other companies or against stores in the same company.
Component	An item that is one of the individual parts of which a composite entity is made up.
Concession item	A concession item is similar to a consignment item in that the retailer does not own the inventory being sold. Concession items differ from consignment in that the ownership is not transferred when the items are sold. A retailer rents floor space to a supplier on which the supplier sells their goods. A record of concession sales is recorded and the retailer then bills the supplier using their chosen method. Owner referes to the owner of item, not a store owner.
Confirming Bank	The bank that guarantees the funds that are necessary to pay claims against a letter of credit.
Consignment	A marketing arrangement where physical control of merchandise, but not the title of ownership is transferred from one business, the consignor (in our case the vendor) to another, the consignee, (in our case the retailer). The title to the goods remains with the consignor until the goods are sold. Upon sale of the goods, the consignor bills the consignee through an invoice.
Constant	A stock-oriented replenishment method used without a forecasting application. As soon as the stock level drops below the maximum stock, a request is generated for the difference.		Replenishment
Container	A method of shipping items.
Contract	A legally binding agreement with a supplier to supply items at a negotiated price.
Cost	The amount of money that must be paid to take ownership of something; expense or purchase price.
Cost Basis	In securities, is the purchase price after commissions or other expenses. It is used to calculate capital gains or losses when the security is eventually sold.
Cost Level	Indicates which cost bucket is used when calculating the return on investment for investment buy opportunities.
Cost UOM	A method used to define the unit of measure for the cost of an item. The cost UOM allows you to enter the cost in the unit of measure defined by the supplier. The cost entered in the cost UOM is converted to the standard UOM for all Merchandising purposes.
Cost Zone	A group of locations that have similar cost structures.
Country	A political state or nation or its territory.
County	The largest local administrative unit of a state.
Coupon	A part of a printed advertisement to be cut off to use as an order blank or inquiry form or to obtain a discount on merchandise.
Courier	A person or service responsible for the transportation of good from one party or location to another
Cross Dock	A purchase order is created that directs the goods from the supplier to a warehouse where it is immediately allocated to the proper store or warehouse.
Cumulative Markon %	The total of markon on the beginning inventory in any accounting period plus the aggregate purchase markon during the period, including additional markups, before any markdowns. It is the difference between the total cost and the total original retail value of all goods handled to date, commonly expressed as a percentage of cumulative original retail.	Cumulative markon % = (GAFS EOM at retail - GAFS E
Currency	Coins, treasury notes, and banknotes in circulation, used as the medium of exchange.
Current order lead time	The minimum amount of time required for the current purchase order to reach a location.
Customer	A person who purchases a commodity or a service.
Customer Cost	The cost that the wholesaler will pay the retailer for the item on this record. This cost is sum of the acquisition cost and the components of the applicable cost template.
Cycle	The frequency of a stock count.
Daily Waste %	see Waste Percentage.
Data Source	The origin of the data for the total calculation. May be based on raw data or existing totals.
Date	The day, month and year an event occurs.
Deal	The agreement between a retailer an a vendor for rebates or discounts applied to an item when ordered in certain quantities.
Deal Class	The method used to determine how the rebates or discounts are calculated for a purchase order. Cumulative: The values of the deal components are added together and then applied to the total purchase amount to determine the discount or rebate. Cascade: Each value of the deal components is applied to the total purchase amount minus the value of the previous deal component. Exclusive: Exclusive deal components supercede any other deal components, and only one exclusive deal component can be applied to an item at any time. Exclusive deals at the highest level in the item hierarchy are applied instead of exclusive deals at lower levels.
Deal Component	The discounts or rebates included in a deal. Multiple components may comprise a deal.
Deal Description	See Deal
Deal Pass Through	A percentage of a supplier deal given to a warehouse location that gets passed on to the franchise stores. This allows a franchisee to receive supplier deals and pass a percentage of the deal to their franchise customers through reduced cost.
Debit Account	The account from which money should be removed to pay an expense.
Debit CCID	Debit Code Combination ID.
Debit Memo Send Days	The number of days following the receipt of an invoice before a debit memo can be sent out.
Default	Selection automatically used by the system in the absence of a choice made by the user.
Delivery	The act of delivering a shipment to a location.
Delivery Order	Authorizes the ocean carrier to release the cargo to the inland carrier. The delivery order is issued by the broker to the ocean carrier.
Delivery Policy	The agreement between a retailer and a supplier for the terms of delivery.
Delivery Postal Code	A unique number or number letter combination that identifies the postal delivery area of a country.
Demo Stock	The number of units of the item required for demonstration purposes at a store.
Department	Belongs to a group in the merchandise hierarchy and provides a way to define the areas of a group. A department is the fourth division in the merchandise hierarchy.
Deposit container item	The item for which the deposit is taken. The deposit container item holds the deposit contents item.
Deposit contents item	The item that is sold to the customer.
Deposit crate item	The item which holds the container and contents items.
Deposit item	A deposit item is an item that has a portion which is returnable by the customer after it has been sold to the customer. A deposit is taken from the customer for the returnable portion. A deposit item is broken into the components of the item, and each item is tracked separately in Merchandising.
Deposit returned item	The item that is returned to the retailer by the customer and for which the deposit is returned to the customer.
Destination Address	The street address of the supplier to which the goods are shipped.
Diff	A characteristic of an item that distinguishes it from another item. An item may have up to four diffs.	Color, size, flavor, scent
Diff Group	A tool used to logically group diff ID's by type.	Women's Pants	Diff Type, Diff Range
Diff Range	A tool used to logically group diff ID within a group.	Diff Group: Women's Pants Diff Range: Women's Average pant sizes	Diff Type, Diff Group
Diff Ratio	A method of grouping diffs to designate the quantity of each diff that should be fulfilled as a percentage of the total diff quantity.	Diff 1: 20% Diff 2: 40% Diff 3: 20% Diff 4: 20%
Diff Type	The category that a diff belongs.	Size, Color, Flavor, Scent	Diff Group, Diff Range
Direct Ship	The process of delivering an item from a supplier directly to the customer.
Discharge Port	The location where items are unloaded from the shipment vessel.
Discount	The reduction in price that a buyer receives when purchasing an item as a result of a deal.		Deal
Discrepancy Display	The difference between the reported total and the actual total at the point of sale.
Discrepancy Type	The difference between the invoice and the receipt.
Distribute By	The method that accomplishes distribution.		Distribution Rule
Distribution	The process of spreading quantities. Distributions can occur as a percent or amount of the total quantity.
Distribution Quantity	see Distribution
Distribution Rule	The default method of distributing to virtual warehouses from the physical warehouse.		Distribution
Distributor	The company that collect the merchandise from the supplier and delivers it to the retailer.		District (tax codes)
District	Belongs to a region in the organizational hierarchy and provides a way to define the areas of a region. A district is the fifth division in the merchandise hierarchy.		District
District (tax codes)	A geographic division of a city.
Division	Belongs to a company in the merchandise hierarchy and provides a way to define the major categories of merchandise at a company. A division is the second division in the merchandise hierarchy.
Document	Paperwork that provides additional information about an activity.
Drafts At	Indicates when a beneficiary is paid, after the conditions set forth in the letter of credit are met. Terms of a draft can be At Sight, 30 Days, or 60 Days.
Drawee	The bank that is responsible for paying claims against a letter of credit.
Dscrpncy Type	See Discrepancy Type
Due (invoice)	The date on which payment is expected for an invoice.
Due (purchase order)	The date on which delivery is expected for a purchase order.
Due Order Processing	Creating orders and submit for approval in the most efficient manner to meet service levels.
DUNS Location	A DUNS location number is a 4-digit code that identifies your location. DUNS location numbers are used in addition to the company DUNS number to identify each location in a company.		DUNS Number
DUNS Number	Dun & Bradstreet Data Universal Numbering System (DUNS) is a nine digit code that identifies your company. It is a commonly used company identifier, often used in EDI transactions.		Electronic Data Interchange, DUNS Location
Duty	A tax, typically on imports.
Duty Comp Code	A duty that is based on a combination of values and dimensions.		Duty
Dynamic	A service-oriented replenishment method used with a forecasting application. The goal is to have only enough stock on hand in a given location to capture all sales between replenishment cycles. The time frame used to determine stock levels depend on the review time and lead time before stock levels in the location can be affected by an incoming shipment. The service level percentage is used to calculate the necessary amount of safety stock.		Replenishment
Dynamic - issues	A service-oriented replenishment method used with a forecasting application, exclusively for warehouses. Replenishment calculations function just they do for stores, except that the warehouses issues forecasts are used. All other calculations are consistent with store dynamic replenishment		Replenishment
Dynamic - seasonal	A service-oriented replenishment method used with a forecasting application, exclusively for stores. In the same manner as Time Supply - Seasonal, Dynamic - Seasonal combines the basic Dynamic algorithm with the end of season terminal stock goal. This replenishment method compares the current replenishment requests and the forecasted demand until the end of the season. Replenishment requests are created according to the end of season terminal stock goal.		Replenishment
Each	An individual quantity of an item.
Effect	The impact an amendment has on a letter of credit.		Amendment
Effective Date	The date on which a function becomes available or active in the system.
Electronic Data Interchange	The exchange of information through computer, between a retailer and a supplier regarding inventory levels, delivery times, unit sales, accounts payable and receivable, and so on.
E-mail	The electronic mail address of the contact. a means or system for transmitting messages electronically (as between computers on a network).
End Date	The last day an element is effective in the system.
Ends In	An adjust type that allows you to determine the last two digit of a price.		Adjust type
Ends In	A method of adjusting a retail price so it ends in a specified amount.
Escheat	The return or forfeiture of a voucher. A voucher may begin to escheat after a set time period, and is turned over to a government entity.
Estimated Stock Out	The amount of stock outs estimated to occur if the item isn't ordered in the current review cycle.
Event	The top level of a promotion, used to group several promotions together.
Exchange Rate	The factor used to convert a currency from one factor to another.
Expenses	Expenses are the components that make up the cost of an item.
Expiration Date	The date on which an element is no longer valid.
Export	The process of moving information to external systems.
Export Country	The country from which the goods departed the lading port.
Fashion Line Number	The fashion stock staging location of the store in the stores primary warehouse.
Fill Priority	The priority given to items when fulfilling need, for replenishment.
Finalization	The process of preparing the transportation records for customs entry.
Finisher	A finisher does work on items, such as adding buttons, ironing, hanging, tagging and so on. There are 2 types of finishers: internal and external. Internal Finishers are considered part of the company, and typically is an area of a warehouse that does the work. Internal Finishers are set up similarly to Virtual Warehouses in Merchandising, but have an additional indicator selected to identify them as finishers rather than virtual warehouses. External finishers are not considered to be a part of the company, and are set up as Partners in Merchandising.
Fiscal Utilization	Every transsaction type has information about the purpose of buying/selling/ transfer. For example, buying soap for internal consumption or for trading.
Floating point	A stock-oriented replenishment method used without a forecasting application. The system compares the sales trend of the upcoming 12 weeks to the same period one (1) year ago, and then calculates a maximum stock amount. Once stock levels fall below the calculated maximum stock amount, a request is generated to raise the stock level to the maximum stock. It also incorporates the idea of service level, which is used to calculate safety stock. Safety stock is additional inventory carried in a location to prevent stock outs.		Replenishment
Forecast	The process of predicting future results based on history.
Free On Board	A trade term requiring the seller to deliver goods on board a vessel designated by the buyer. The seller fulfills his obligations to deliver when the goods have passed over the ship's rail.
Freight	The compensation paid for the transportation of goods.
Frequency	The regularity of the occurrence of an event.
General Ledger	A company's accounting records. It contains all of the financial accounts and statements.
Generated By	Indicates how diff ratios are determined. System generated diff ratios are generated based on the sales history for the department, class, and subclass that you selected. Manually generated diff rations are generated based on the same department, class, subclass, sales types, and time period as an another diff ratio.
Geocode	The code that identifies a combination of the country, state, county, and city in which locations operate.
Get Amount	The discount that a customer will receive by purchasing the appropriate items on the list of buy items. The amount in the Get Amount field may be either a percentage or a monetary amount, depending on what is selected in the Get Type field.		Get Type
Get Diff ID	The diff associated with the item parent when the Get Item Type field is set to item parent/diff ID.
Get Item	The item you receive free or at cost when a certain quantity of the Buy Item is purchased from the deal partner.
Get Qty	The number of items to which the discount applies.
Get Type	The type of discount you receive on the item. The discount can be one of the following: Free: This indicates that you receive the item at no cost. Percent: This indicates that you receive a percentage off of the cost of the item. Amt: This indicates that you receive a monetary amount off of the cost of the item. Fixed Amt: This indicates that you receive the item at a specified reduced cost.
Gift Wrap Ind	Indicates that gift wrapping is available for this item.
GM %	Displays the percentage of the gross profit margin against sales for the time period at the selected location.
Graduated Order Cost	The graduated cost of the item as each deal component is applied. The projected cost of the item is the supplier unit cost minus all of the deal components.
Grand Total	The sum of all totals.
Gross Margin	The difference between net sales and the total cost of goods sold.	Maybe calculated for some fields as Gross margin a
Gross Margin %	The difference between net sales and the total cost of goods sold divided by sales.	Gross margin % = (sale - cost of goods sold) / sales
Gross Unit Weight	The total weight of a unit of the item plus any packaging.
Group	The sixth level of the merchandise hierarchy.
Growth Rebate	A rebate in which the supplier determines the amount of the rebate, based on increased orders over a specified period of time.
Growth Rebate History	The first and last dates of the historical period against which growth will be measured for this growth rebate.
Half	Either of two equal parts of which the year has been divided for budgeting and accounting purposes.
Half Number	The ID for the half. Enter the ID in the format YYYYn, where YYYY is the 4-digit year and n is the half-year period (either 1 or 2). For example: 20021 and 20022.
Handling Cost	The amount charged by the supplier for handling the return.
Handling Percentage	The percent that is applied to the value of returned goods as a handling charge.
Handling Sensitivity	The sensitivity information that is associated with the item. Some examples include Combustible, Fragile, and Toxic.
Handling Temp	The temperature information that is associated with the item. Some examples include Keep Refrigerated and Keep at Room Temperature.
Harmonized Tariff Schedules	The applicable tariff rates and statistical categories for all merchandise imported into the a country; it is based on the international Harmonized System, the global classification system that is used to describe most world trade in goods.
Height	The distance from the bottom to the top of something standing upright.
HI	The number of tiers that are stacked on a pallet.
Hierarchy Level	The classification of merchandise or organization. At the top of both hierarchies is the company. As the hierarchy progress downward, each level of the hierarchy is a sub section of the level before it.
Highest Value	The high-end value for a price point range. All retail prices less than or equal to this value, and greater than or equal to the Lowest Value, will included in the price point range.
Historical Period	The period used in the past.
History Level	The amount of inventory history that should be captured in the weekly inventory history programs. The options are: No History: History of inventory is not captured. Items Sold Only: History of items that had sales during the week is captured. All Items: History of all items in inventory is captured. Changing the value of this indicator may have significant impact on the size of the database.
Home Store	The store that the employee is primarily associated with.
HTD GAFS	Half To Date Goods Available For Sale. The monetary value of goods available for sale during the half up to the current time period at the selected location.
HTS Assessments	The amount of tariff that has been added to an item.
Import	The process of bring data from an external system into the main system.
Import Control Number	Used to maintain an import control book for companies that import goods into Croatia. An ICN is assigned to every import PO and its corresponding customs entry.
Increment Percent	The percentage by which you want to temporarily inflate or deflate the maximum stock when the replenishment method is Min/Max or Constant. When the replenishment method is Floating Point, the percentage by which you want to temporarily inflate or deflate the minimum and maximum stock.
Industry Code	A unique number that represents all possible combinations of sizes according to the National Retail Federation.	Men's pants size combination 32x32 has a NRF code
Inner	A subset of a case containing a portion of the individual quantities in an item.
Inventory	Can be either raw materials, finished items already available for sale, or goods in the process of being manufactured. Inventory is recorded as an asset on a company's balance sheet.
Inventory Management Level	The level at which inventory received from each supplier is reviewed for replenishment purposes. Reviews can be done at the Supplier, Supplier/Location level, Supplier/Department level, or the Supplier/Department/Location Level.
Investment Buy	The process of purchasing inventory in excess of the replenishment recommendation to take advantage of a supplier deal, or to leverage inventory against a cost increase.
Issuing Bank	The issuing bank opens the letter of credit when contacted by the retailer who intends to import goods.
Item	The merchandise received from a supplier. In the system, the item field or column will display the item number, the item description, or both.
Item Grandparent	An item that is two levels above another item in an item group.		Item Level 1
Item Level	The level of an item in an item group.
Item Level 1	An item without differentiating factors that does not require a second level. All items must have a level one item in the item group. A level 1item may have level 2 and level 3 items below it.
Item Level 2	An item that may or may not have differentiating factors. A 2 level item group must have a level 1 item and one or more level 2 items. All level 2 items are related to the level 1 item. A level 2 item may have level 3 items below it.
Item Level 3	An item that has distinguishing characteristics beyond the differentiating factors of a level 2 item. A level 3 item must have a level 1 item and a level 2 item above it. All level 3 items are related to one level 2 item. A level 3 item cannot have any items below it.
Item List	A grouping of items based on characteristics defined by the user.
Item Parent	An item that is one level above another item in an item group.		Item Level 2
Jurisdiction	The limits or territory within which authority may be exercised.
Lading Port	The port where goods are loaded onto the vessel.
Landed Cost	The sum of the cost, duty, and expenses for a shipment. Landed cost may be actual or estimated, depending on where, in the process, a shipment is.
Layaway	Allows customers to give a retailer deposits to hold products. When customers complete payments, they take the items.
Lead Time	The time between the beginning of a process and the appearance of results.
Letter of Credit	A letter addressed by a banker to an entirety to whom credit is given authorizing drafts on the issuing bank or on a bank in the person's country up to a certain sum and guaranteeing to accept the drafts, if duly made.
Line of Credit	The maximum amount of credit allowed to a buyer or borrower.
Linear Distance	The amount of shelving space available at a location.
Location	The store or warehouse involved in an event.
Location list	A grouping of locations based on characteristics defined by the user.
Location closed	Dates on which specific locations are not available for certain functions even though the company as a whole is open.
Location Trait	A characteristic of a certain location.
Look Ahead Days	The number of days before a cost event that the cost event is factored into an investment buy calculation. A cost event can be the end date of a deal or the effective date of a cost change
Manual	A type of order control that determines that purchase orders for the recommended order quantities are not created. The recommended order quantity (ROQ) is written to the Replenishment Results table. You must create and run a custom report to view the ROQs.
Manufacture	To make from raw materials by hand or by machinery.
Markdown	A reduction to the original retail price established at the beginning of the half for an item during a clearance event.
Markup	An amount added to the cost price to determine the selling price.
Mass return transfer	A transfer from multiple stores to a warehouse. Generally return transfers are undertaken to redistribute merchandise from one store to other locations or to return merchandise to the vendor.
Max Average Counter	The maximum number of days with acceptable data to include in an average for items within the department (maximum number of days for promotional pricing on an item for a particular department).
Min/Max	A stock-oriented replenishment method used without a forecasting application. Maximum and minimum stock levels are determined. Once the stock level drops below the minimum stock, a request is generated to raise the stock level to the maximum stock.		Replenishment
Mix and Match	A promotion method which gives the customer a discount on an item, based on previously purchased items.
Money Order	An order issued by a post office, bank, or telegraph office for payment of a specified sum of money usually at any branch of the organization.
Multi Unit	A type of promotion. A discount given to a customer for purchasing a pre-determined amount at a store. The discount can be an amount off, a percent off, or a fixed amount, and is for selected departments, classes, or subclasses.
Multi-Channel	The Merchandising concept that divides the system into different selling mediums by which inventory can be tracked and reporting can be completed.		Stockholding, Non-stockholding
Multiple Set of Books	Large retailers usually operate in multiple countries, have multiple formats, multiple products lines or have multiple brands. They may have multiple set of book to handle each operation.
Name	The person who is identified as having the responsible role.
National Brand Comparison Item	The item produced and controlled by manufacturers. They are usually well known, supported by manufacturer ads, somewhat pre-sold to consumers, require limited retailer investment, and often represent maximum product quality to consumers.
Neg Days	The number of days that are agreed upon for negotiating documents pertaining to the letter of credit.
Negotiating Bank	The bank that is responsible for negotiating the letter of credit between the seller and the advising bank.
Negotiation Days	See Neg Days
Net	The amount or quantity remaining after the deduction of all charges, outlays, or losses.
Net Amount	The total amount after the deduction of all charges, outlay, or loss.
Net Cost	Net cost of the SKU/supplier/ country at the given location. This is the base cost minus any deal components designated as applying to net cost on the deal detail.
Net Inventory	The net inventory is on hand quantities, on order quantities, and incoming quantities minus outgoing quantities, layaway quantities, and non-sellable quantities.
Net Markup	The total amount of markups after markup cancellations during a time period at a location.	Markups at Retail - Markup Cancellations at Retail
Net Sales	The revenues received by a retailer during a given time period after deducting customer returns, markdowns, and employee discounts.
Next order lead time	The minimum amount of time required for the next purchase order to reach a location.
No Elapsed Days to Determine Comp Status	The number of days of data that Sales Audit should gather before it begins to make comparisons between the current time period and a previous time period.
NOLT	See Next Order Lead Time.
Non Sellable	The quantity of the item that cannot be sold. This includes items that have failed quality control and demonstration stock.
Non-Merchandise	Relating to costs that are not related to items and merchandise in the system.
Non-Scaling	Indicates that quantities of an item are not adjusted during the scaling process.
Non-stockholding	A store that does not have stock on the premise where the sale is taking place.		Stockholding
Normal Calendar	The Julian calendar consists of cycles of three 365-day years followed by a 366-day leap year. Each year is divided into 12 month periods.
Not After	The last day you can expect to receive items on a purchase order at a location.	system date + longest item/supplier/sourcing country
Not Before	The first day you can expect to receive items on a purchase order at a location.
Nota Fiscal	A fiscal document issued when merchandise is moved (example, receipt of merchandise, transfer, RTV).
Objective	The long-run and short-run performance targets that a retailer hopes to attain. Goals can involve sales, profit, satisfaction of publics, and image.
Obligation	Bills related to transportation of goods that a retailer must pay beyond the cost of a purchase order.
On Hand	The total units on hand at a location, including inventory on RTV orders, unavailable inventory, stock in transit and reserved inventory. The On Hand inventory provides an accurate picture of the inventory owned by the location.
On Order	The number of units on approved purchase orders that have not yet been received.
Open Amount	The current balance on a letter of credit.
Open Balance	The number of units yet to be received over which the tooling costs are amortized.
Open Line of Credit	The amount of credit remaining on a line of credit.
Open to Buy	The amount of money available for purchases at the subclass level for a week.
Open to Buy	The difference between planned purchases and the purchase commitments already made by a buyer for a given time period, often a month. It represents the amount the buyer has left to spend for that month and is reduced each time a purchase is made.
Open to Buy End of Week Date	The last day of the open to buy week to which the purchase order amount is credited.
Opening Inventory	The retail or cost value of the stock on hand at the beginning of the month.
Opening Stock	The monetary amount budgeted for stock on hand at the beginning of a monthly period.
Order Control	The method that determines how purchase orders are created, when they are created outside of the purchase order module.		Automatic, Semi-Automatic, Manual
Order Number	The identifying number on a purchase order.
Order Point	The minimum number of units you want on hand for the item. When the net available inventory falls below the order point, the item is replenished.
Order Quantity	The number of units on a purchase order.
Order Retail	Total retail value of all items on the purchase order.
Order Type	The origin of the purchase order. Purchase orders may be created through Automatic Replenishment of Basic items (ARB), Buyer Replenishment of Basic items (BRB), or order for items which are Non-Basic (N/B).
Orderable item	An item that is marked to hold inventory, but is not sellable at the point of sale system, and no information is sent to the point of sale system for these items. Retail prices are not held for orderable only items.
Out of Stock Date	The date when the store is expected to be out of stock.
Outside Cost of Warehouse Storage	Contains the default cost of outside storage, expressed as the weekly cost per the unit of measure specified in cost_wh_storage_uom. This value is held in the primary system currency.
Outside Storage Cost Measure	The measurement of the outside storage cost.
Outside Storage Cost UOM	Contains the unit of measure to which the default cost of outside storage is applicable.
Pack	An item that allows you to buy, sell, and track multiple items under one item number. A pack can be complex or simple. A complex pack contains multiple component items. A simple pack contains multiples of one component item.		Transformed pack
Page	The page number where the ad for the item, group of items, or department will be placed.
Parent	The item level that is one level above another item.
Partner	A person or entity that has an association with your organization in various areas of the procurement process. Partners can include those involved in transporting goods, escheatment, providing credit, and providing services. A partner does not provide items to a retailer.
Phase	A sub section of a season.
Pick Priority	The order the substitute items are used to fill the demand for the main item.
Pickup to Location	The number of days required for the item to be shipped from the supplier and received at a location for direct to store and cross-docked items.
Pool Supplier	A supplier that is grouped with other suppliers to ensure that order quantities can be met.
Postal Code	A number that identifies a postal delivery area of a country.
Pre Mark	The supplier has agreed to break orders into separately marked boxes that can be shipped directly to stores.
Presentation Method	The way and item opens in the store.
Presentation Stock	The number of units of the item required for a full facing at a store or the minimum number of units required at a warehouse. Item displayed on a shelf or presented to a customer for a sale.
Price	The amount some one pays to another party for a good or service.
Price point	Adjusts the price to a specific price based on the range into which the price falls.	All items in the price range of $10 - $20 should be set to $14.99.
Profit charge			Up charge
Promotion	A method of temporarily reducing prices on certain items at specific locations.
Purchase Order	An agreement between a retailer and a supplier for the purchase of goods. The retailer records the quantity, cost, and delivery location of items from the supplier. On a single purchase order, the same item going to different locations can have different costs.
Purchase Price	The amount of money that must be paid to take ownership of something (expense).
Qty Ordered	The number of units ordered.
Quantity	The total number of a unit.
Quota Cat	Quota categories allow you to place restrictions on categories of items rather than individual items. Customs agencies group items with related characteristics into quota categories.
Ready Date	The date on which the item becomes available from the supplier or the item is delivered. Ready dates are specific to contracts
Rebate	An agreement that money or credit will be received from the supplier if a certain threshold is met during a given time period.		Growth Rebate, Volume Rebate
Reclassification	The process of moving items from one section of the merchandise hierarchy to another section of hierarchy.	Cotton T-shirts in the women's department is moved to the basic's department.
Recommended Order Quantity	Recommended Order Quantity. The number that the system suggests should be ordered, based on replenishment calculations.		Actual Order Quantity
Reference Item	An item below the transaction level.
Region	The third level of the organizational hierarchy, used to group districts.
Replenishment	The process of ordering items to ensure inventory levels are maintained at locations.		Constant, Min/Max, Floating Point, Time Supply, Time Supply - Issues, Time Supply - Seasonal, Dynamic, Dynamic - Issues, Dynamic - Seasonal
Reserved Stock	Units that have been approved for outgoing transfers/ allocations, that have not yet left a location.
Rounding	A method of adjusting the price based on rounding rules. The rounding rules are established by a database administrator.
SCAC Code	A unique two-to-four-letter code used to identify transportation companies. NMFTA developed the SCAC identification codes in the late 1960's to facilitate computerization in the transportation industry.
Scaling	The process of adjusting a purchase order to obtain a certain objective, as defined in the system. POs can be scaled up or down in order to achieve the minimum and maximum levels defined for the supplier or bracket. Rounding thresholds, defined in the system, determine whether a PO is scaled up or down.
Season	A season is a specific selling period during the year.
Segment	The section of a block where the ad for the item, group of items, or department will be placed.
Sellable item	An item that does not hold any inventory in the system. Consequesntly, inventory records cannot be viewed from the item maintenance windows. Sellable only items are not linked to any supplier and therefore no cost informaiton is associated with this item type.
Selling Unit Retail	The unit retail price in the selling unit of measure for the item/location combination.
Semi-automatic	A type of order control that determines that purchase orders for the recommended order quantities are created in worksheet status.		Order control
Shrinkage	The difference between actual stock on hand and the amount recorded in the stock ledger at the end of the time period.
SKU	Stockkeeping Unit. An identification, usually alphanumeric, of a particular product that allows it to be tracked for inventory purposes.
Soft Contract	A contract that can be made above the transaction level. This allows you to write a contract for a category of products and define the details of the order later.
Sourcing Country	The country from which the supplier ships items.
Staging Area	Items in a warehouse loading area available for action.
Standard Unit Retail	The unit retail price of the item as if the item were sold in the standard unit of measure.
Static	For an item or location list, indicates that the list cannot be rebuilt.
Stock holding	A location that has stock at the location where the sales are taking place.		Non-stock holding
Stock Ledger	The records of a company's inventory position.
Stock On Hand	The total number of units on hand at a location, including inventory in RTV, unavailable inventory, stock in transit inventory, and reserved inventory.
Stock Outs	Stock outages at a store.
Stockkeeping Unit	see SKU
Storage Type	Indicates which type of storage cost should be used as the default storage cost when calculating investment buy opportunities.
Store Day Sequence Number	The unique number assigned by Sales Audit that corresponds to the Store and Business Date for the transaction.
Store Grade	A way of assigning a ranking to stores. Grades are defined by each buyer.
Store Grade Group	Stores with like grades that are used as a location list.		Location List
Store orders	A store driven replenishment method which allows stores to place orders based on need. Orders are incorporated into Merchandising through an overnight batch. Recommended order quantities are based on the store request and the ability to deliver the product with in lead time.		Replenishment
Substitute Item	The item identified to replace the main item with the intention of replacing or phasing out the main item.
Supplier	The person or entity that provides items to a retailer.
Supplier Trait	An attribute assigned to a supplier.
Tare	A deduction from the gross weight of a substance and its container made in allowance for the weight of the container.
Terminal Stock Quantity	Remaining stock at the end of the season, such as seasonal candy or merchandise sold specifically for the holiday. The retailer looks at the weekly contribution, the top/bottom sellers, and the new line sales compared to forecasts, then determines the forward orders, the terminal stock percentages, and the margin at all levels. Then will take action to increase the price or take a price reduction.
Threshold	A level point or value above which something is true or will take place and below which it is not or will not.
TI	The number of cases that make up one tier on a pallet.
Time supply	A stock-oriented replenishment method used with a forecasting application. You control stock levels through days of supply in the store rather than specifying an exact stock quantity. The minimum time supply number of days is used to determine the minimum stock level, while the maximum time supply number of days determines the maximum stock level. These min/max levels change based on the current forecasted sales data. The time supply horizon number of days is an optional field used to calculate an average daily sales rate that is multiplied against the minimum time supply days and maximum time supply days to determine a min/max. This field is useful if the time supply days extends past the number of days with forecasted data. A replenishment order is made when the net available inventory reaches the minimum days of supply and the order quantity placed is based on the rate of sale from forecasted sales over the specified period (time supply horizon) and the maximum days of supply value.		Replenishment
Time supply - issues	A stock-oriented replenishment method used with a forecasting application, exclusively for warehouses. Replenishment calculations function just as they do for stores except that the warehouse issues forecasts are used. All other calculations are consistent with store Time Supply replenishment.		Replenishment
Time supply - seasonal	A stock-oriented replenishment method used with a forecasting application, exclusively for stores. Time Supply - Seasonal combines the basic Time Supply algorithm with the end of season terminal stock goal. This replenishment method compares the current replenishment requests and the forecasted demand until the end of the season. Replenishment requests are created according to the end of season Terminal Stock goal.		Replenishment
Timeline	A timeline is a schedule of events. To track the life cycle of an activity, you can attach a timeline to the activity. You can enter dates with which to track the completion of the timeline steps. You can revise dates and record the reason for the revision.
Title Pass	The process of changing ownership of goods from the buyer to the seller.
Traits	Provides you with a way to group locations and suppliers by common characteristics. There are three types of traits: location traits, supplier traits, and item location traits. Location traits are associated with areas, regions, districts, and stores. Supplier traits are associated with suppliers. Location and supplier traits are defined by the user. Item location traits are pre-defined.
Transaction level	The level of the item group at which transactions involving the item is tracked.
Transfer	An internal movement of stock from one location to another.
Transfer entity	A transfer entity is a group of locations that share legal requirements around product management. It may also contain the identifying information for an external finisher.
Transformable item	A transformable item is an item that can be ordered as one item and the broken into smaller items. The smaller items can them be resold in the store. There are two types of transformable items, transformed orderable and transformed sellable.		Transformed orderable, transformed sellable
Transformed orderable	An item is ordered from the supplier in one form, but changed by the retailer and sold to the customer in a different form.
Transformed pack	Two types of packing can occur: (1) a pack is exploded to its components, (2) packs and/or bulk items can be combined to form a new pack.
Transformed sellable	An item that is sold to the customer. A transformed sellable item is ordered from the supplier in a different form than it is sold.		transformed orderable, transformable item
Triangulation	Where the retailer can place a purchase order with one supplier/site and expect the delivery from a different supplier/site.
Truck split	The process of splitting orders into multiple truckloads.
TSF/PO link	the reference number for a link from an item on a transfer to one or more existing purchase orders.
UDA	See User Defined Attribute.
Unavailable Stock	The number of units that are not available for sale at all locations because they are damaged or for other reasons.
Unique Transaction Number	The level at which unique POS transaction numbers are generated. The store has one sequence number that is used for all registers, or the store has unique sequence numbers for each register.
Unit Amount	The monetary amount for each unit.
Unit Cost	The cost per unit of the item. If the shipment is associated with a purchase order, the unit cost contains the cost of the SKU for this Shipment / Location combination based on the purchase order cost for the item and is stored in the order currency. The cost does not include landed cost components. If the shipment is associated with a transfer or allocation, the unit cost contains the average cost of the item at the sending location plus any up-charges.
Unit of Measure	Indicates how each unit is measured.
Up Charge	Cost incurred when transferring an item between a warehouse and a store. Expense Up Charges are charges incurred by the sending location when transferring goods from to the receiving location, like Freight or Insurance. The receiving location will have to pay these charges to the sending location. Profit Up Charges are used when the sending location is trying to become a profit center. Examples of Profit charges are Storage Fees and Processing Fees.
User Defined Attribute	An identifying quality that has been set up by the user.
Username	An ID that is assigned to each user.
Value Added Tax	An incremental excise tax that is levied on the value added at each stage of the processing of a raw material or the production and distribution of a commodity, and that typically has the impact of a sales tax on the ultimate consumer.
VAT Rate	The percentage that is applied to any value added to an item to calculation VAT.
VAT Region	An area that is subject to the same VAT.
Vendor	A generic, inclusive term used to mean either partner or supplier.
Vendor Type	See Vendor.
Vessel	Mode of transportation used to transport goods between a supplier and a retailer. Could be a train, ship, jet, and so on.
Virtual Warehouse	A stock-holding warehouse which is available in multi-channel environments. You can establish a virtual warehouse to keep track of inventory by channel.		Channel
VMI Channel	The process by which suppliers have visibility to inventory levels, create purchase orders based on inventory levels, and ship orders without retailer intervention.
Volume	The amount of space occupied by a three-dimensional object.	volume = length x width x height
Volume Rebate	A rebate in which the supplier determines the amount of the rebate, based on the total orders over a specified period of time.
Voucher	A form or check indicating a credit against future purchases or expenditures.
Voyage Flight ID	The reference number for a flight, voyage, or other method of transportation.
VPN	The number assigned to an item by a vendor.
Warehouse	A storage and/or distribution facility where inventory may be received, held and transferred to other locations.
Warehouse Issues	The total number of units that had ownership transferred from the warehouse to the store.
Warehouse Lead Time	The number days required for the item to be shipped from the warehouse and received at a location for cross-docked and warehouse stocked items.
Warehouse Link	Indicates which replenishment warehouse to which the current virtual warehouse is linked. This field is enabled if the current virtual warehouse is not a replenishment warehouse. This option is available only in multi-channel environments.
Warehouse Storage Cost Measure	The default type of measurement used to calculate the cost of storage, per week at company-owned storage locations. Users can override the type of measurement at the warehouse or warehouse/department level.
Warehouse Storage Cost UOM	Contains the unit of measure to which the default cost of wh storage is applicable.
Warehouse Store Assignment History Days	The retention period, in days, for historical information about warehouse/store assignments. When the historical information has exceeded the retention period, it is automatically purged by a regularly scheduled batch program.
Warehouse Store Assignment Type	Indicates, based on the replenishment stock category, which stores are assigned to a source warehouse when the warehouse store assignment batch program (whstrasg) is run.
Warehouse to Locn	See WH Lead Time
Wastage Percentage	The average percentage of wastage that the item is subject to over its shelf life. The wastage percentage can be applied to either spoilage wastage or sales wastage.
Wastage Type	The type of wastage that the item is subject to, such as sales or spoilage wastage. There are two types of wastage, Sales wastage occurs during processes that make an item saleable. Spoilage wastage occurs during the shelf life of the item.
Weekly Cost of Outside Storage	The cost of storage per week at third-party storage locations on a weekly basis.
Weekly Cost of Warehouse Storage	The cost of storage per week at company-owned storage locations on a weekly basis.
Weight Unit of Measure	The unit of measure (UOM) in which the gross, tare, and net weights of the package are stated.
Wh	See Warehouse
Wh Description	See Warehouse
WH Lead Time	The number of days required for the item to shipped from the warehouse and received at a location.
WIC Ind	Indicates the item qualifies for the Women, Infants, and Children (WIC) program.
Width	The horizontal measurement of an object.
WIP Code	Displays the code for the work in progress (WIP) tasks that have been assigned to the selected item and location. WIP codes are assigned to work orders that are assigned to purchase orders.
Wksht Qty	The number of units that have been suggested as the quantity to be ordered.
Work Order	The request for certain activities to be done to an item in a warehouse before delivery of an item to the final locations.
Work Phone	The customer's work phone number.
Workroom Amount	The monetary value of value added services during the time period at the selected location. Workroom costs, such as alterations, reduce the gross profit margin. The amount is denominated in the currency that opens in the Currency field. Depending on the view, the amount is at cost for this year or last year.
Written Date	The date on which the purchase order was written.
Year	A time period of 365 days.
Year to Date Drawdown	The amount paid out on the company's behalf since the beginning of the year by the bank.
Year to Date, Line of Credit	The amount of credit that the company has used since the beginning of the year from the bank.
Year To Date, Credit	The credit used since the beginning of the year from the bank.
Zoning Locations	Allows you to set up a store with the same Pricing Zone/Zone Group records as an existing store and the same Cost Zone/Zone Group as an existing store or warehouse.