Rise Up Section 3.1 (Part A)

Processes that keep a retailer's ecosystem running smoothly...

• Inventory shrinkage

• Stockroom

• Customer loyalty

• Retail operations

One of the five significant retail operations categories is...

• Marketing

• Products

• Stocking

• Prices

Each retail operations is important because it contributes to...

• Excess inventory

• Loyalty program

• Customer satisfaction

• Barcode

Complete listing of all of the merchandise a retailer owns is...

• Inventory replenishment

• Excess Inventory

• Total Inventory

• Stockroom

The number of units within the total inventory that are available to sell...

• Receiving

• Out-of-stock

• Total inventory

• On-hand inventory

A machine-readable series of parallel lines that create a unique item identifier...

• Barcode

• Stockroom

• Excess inventory

• Receiving

The process of placing inventory on the sales floor...

• Stocking

• Barcode

• Out-of-stock

• Excess Inventory

The process of matching the invoiced quantity to the actual products delivered...

• Inventory Shrinkage

• Receiving

• Price Look-Up

• Safety stock

The system used when a customer purchases an item, typically at a checkout lane...

• Barcode

• Radio-frequency Identification

• Receiving

• Point-of-sale (POS)

Tags containing electronically stored information that identify objects...

• Point Of-Sale (POS)

• Radio-frequency Identification

• Safety stock

• Stockroom