Average Items Carried (AIC)

Average Items Carried (AIC)

Average number of items that a retailer has within a category, brand or segment.

Related Terms

Club

Also called a warehouse club, it is a membership-based retail outlet offering a wide selection of

Velocity Analysis

A method of analyzing sales data to identify products with high sales velocity. Velocity analysis helps

Market Basket Analysis

A data mining tool used to identify patterns of items frequently purchased together by analyzing transaction