Assortment

Assortment

The variety of products that a retailer offers for sale to meet the diverse preferences and needs of its customers.

Related Terms

Baseline Sales

Amount of organic sales for a product in a marketplace without any marketing effort.

Average Price

Weighted average of actual price and promoted price for an item. It does not take into

Just in time inventory

An inventory management that is focused on optimizing inventory levels by receiving raw materials and components