A descriptive facet of a product that helps to specify, classify, and differentiate it within a market or catalog. These attributes can be tangible or intangible in nature, ranging from physical characteristics such as size, color, material, and weight, to qualitative aspects like brand reputation, usability, and environmental friendliness. In the context of product configuration and catalog management, product attributes are essential for identifying products, facilitating their search and comparison, and enabling customization options for customers. They serve as key criteria by which consumers make purchase decisions and by which companies organize, manage, and present their product offerings more effectively.
Inventory Turnover Ratio
A financial metric that measures the rate at which a company sells and replaces its stock