Velocity Analysis

Velocity Analysis

A method of analyzing sales data to identify products with high sales velocity. Velocity analysis helps retailers and manufacturers prioritize inventory replenishment, allocate shelf space, and develop pricing and promotion strategies based on demand patterns.

Related Terms

Category Buyer

The person is responsible for assisting the procurement manager and category team in implementing procurement and

Loyalty program

A initiative by a company to incentivize repeat purchases and customer loyalty by offering rewards, discounts,