Average Items Carried (AIC)

Average Items Carried (AIC)

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

Related Terms

Average Price

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

Purchase Frequency (PF)

Refers to the rate at which customers make purchases within a specific timeframe. It offers businesses

Just in time inventory

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