Retail Glossary
of Terminology - E
You are exploring: About Retail Industry | Retail Glossary |
E
EAS
Glossary
A special
glossary of electronic article survelliance and source tagging terms from Sensormatic.
Electronic Article Survelliance
Electronic Commerce
/ E-Commerce
Buying and selling through the Internet. It can also describe electronic-based
business transactions (e.g., the transmission of purchase orders or other documents
between business partners, procurement, order entry, transaction processing,
payment, inventory and fulfillment), and includes technologies like EDI. More...
Electronic Data
Integration
An inventory delivery system where retailers, manufacturers, and mills work
together as partners. Also known as Quick Response.
Electronic Data
Interchange / EDI
A system that enables retailers to integrate their purchasing activities with
their stores and/or with vendors.
Electronic Funds
Transfer / EFP
A system for making deposits and withdrawals electronically.
Electronic scanner
Equipment capable of "reading" barcodes.
End caps
The end pieces of display units.
EBPP
Electronic Bill Payment and Presentment, also known as digital billing and online
bill paying.
EFR
Efficient Foodservice Response is a food industry effort to improve efficiencies
in the foodservice supply chain that links manufacturing plants to distributions
warehouses to operators tables.
ERP
Enterprise Resource Planning designed to improve shareholder and customer value
by integrating manufacturing, financial and distribution functions to dynamically
balance and optimize an enterprise's resources.
EVA
Economic Value Added is net operating profit minus an appropriate charge for
the opportunity cost of all capital invested in an enterprise. EVA = Net Operating
Profit After Taxes - (Capital X The Cost of Capital).
Exchange policy
Written rules to follow when merchandise is returned or exchanged for other
merchandise.
Exchange
1. Merchandise returned to a store and swapped for comparable merchandise. The
act of giving or taking one thing in return for another.
2. A business-to-business marketplace for buying or exchanging goods and services
with other businesses. More...
Expenses
Costs of operating a business.
