Glossary

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Unplanned Out-of-Stocks

Instances where a product is unexpectedly unavailable for purchase, often resulting in lost sales and dissatisfied

Yield Management

A pricing strategy used to maximize revenue by varying prices based on demand and inventory levels.

Velocity Analysis

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

Product Variants

A specific version of a ‘master’ product that is differentiated by one or more attributes, such