Average Items Carried (AIC)

Average Items Carried (AIC)

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

Related Terms

Out of stock (OOS)

A situation occurs when a product that is supposed to be available for sale is completely

Excess Inventory

Also referred to as surplus inventory, denotes the surplus stock held by a company beyond what

Frequent Buyer Program

A customer loyalty scheme designed to incentivize repeat purchases by offering rewards based on the accumulation