Copy of `Food Marketing Insitute - Glossary of Terms`
The wordlist doesn't exist anymore, or, the website doesn't exist anymore. On this page you can find a copy of the original information. The information may have been taken offline because it is outdated.
|
|
Food Marketing Insitute - Glossary of Terms
Category: Agriculture and Industry
Date & country: 13/09/2007, USA Words: 1737
|
roto (rotogravure)A colorful; circular that advertises a retailer's featured sale items, included inside a newspaper or delivered directly to homes.
roto adA corporate level ad generated for an entire company and distributed throughout a trade area, e.g., newspaper, home delivery.
rotogravureSee roto.
route listA daily list of retail stores on a delivery schedule.
rowsSee facings.
sackTo bag purchases at the checkout. See bagger.
safety cutterA case cutter used to open cases of product.
safety stockA back-stock of products kept to replenish shelves.
salesThe dollar amount of products or services sold.
sales analysisAn analysis of sales by week, month, period or year to project trends, identify problems and measure a retailer's performance.
sales areaAn area designated in a retail store to display and merchandise products, provide customer service and check out. It does not include the back room, coolers, (stock area) or maintenance areas.
sales logA sales record by store and department, which provides sales trends, competitive factors, staffing, weather, holidays, etc.
sales per square footA measure of store and department profitability. Calculated by dividing the daily, weekly or monthly sales by the number of square feet of floor or shelf space.
sales projectionA sales forecast based on sales for the same period last year.
sales representativeA marketing person employed by a manufacturer or wholesaler to represent certain product brands within a given sales area.
sales representative's premiumA premium or prize given to a manufacturer's or wholesaler's marketing person for achieving benchmark sales.
sales serviceFee-based services for retailers provided by a manufacturer's or wholesaler's marketing staff on a fee per service basis, e.g., merchandising the store, advertising, management information services (MIS).
sales service representativeA marketing person who provides services for a fee to a retailer, e.g., merchandising, advertising, or layout.
salvageProduct containers/shippers (bales, pallets, containers) that must be returned or recycled to defray operational costs.
samplingA marketing program used to prompt impulse buying. Particularly useful in the Deli and Bakery Departments. The customer is encouraged to sample products from a prepared sample tray.
sanitizeThe last part of the cleaning procedure of food equipment and surfaces to reduce microbial counts to a safe level within the department.
satellite networkA communications system that utilizes satellites to relay data and information. Also known as Satellite Communications.
satellite storesRetail stores that are serviced by the same distribution center; or outlying stores in a shopping center.
scaleA machine used to weigh products.
scalerA special hand tool with ridged teeth for scaling fish.
scalingThe pricing of merchandise on the basis of weight and retail price.
scan and bagThe system or technique whereby a cashier bags purchases while scanning.
scan barsThe standardized coding system (Universal Product Code) that encrypts individual product pricing and identification information within a series of vertical lines.
scan downData obtained from a secondary source, e.g., A.C. Nielsen or Information Resources, Inc.
scan integrityThe quality of the inventory and pricing data that ensures that items have been added, deleted and correctly priced.
scan ratioAn inventory correction calculation to adjust for physical inventory differences based on the percentage of items scanned to the total items sold.
Scan-based tradingA new way of doing business between direct store delivery manufacturers and retailers.It incorporates daily point-of-sale data to pay for product, electronic communication technologies to eliminate discrepancies and inefficiencies, and various store-level operating improvements, such as open delivery windows and elimination of check-in, to speed product flow.'
scannable couponsCoupons with a scannable bar code used to identify the promotional program and product and to deduct the correct value from a customer's receipt.
scannerAn electronic register system that automatically records the product description and retail price for an item by reading a UPC code with a laser.
scanner allowanceA manufacturer's performance criteria based on the number of products scanned during a promotion.
scanningA process of moving items over a laser in order to record a transaction.
schematicSee planogram.
scratchA product deleted from a retailer's order because the warehouse is out of stock. Also called a short. See cut.
scratch bakeryAn in-store bakery that prepares products by using basic ingredients, e.g., flour, sugar, eggs, yeast.
seal programA security procedure for truck deliveries. Each truck is padlocked and sealed with a slim, numbered metal strip. The receiver breaks the seal and records the driver's name and the seal number in a log.
seasonal calendar-plannerA seasonal, schedule created to simplify planning around holidays and specific selling periods, i.e., merchandising, display building, ordering, scheduling staff.
seasonal itemProducts associated exclusively with a holiday or specific time of the year. Also known as Seasonal Merchandise.
seasonal promotionsA marketing plan of in-and-out promotions for seasonal events, such as Christmas, Back-to-School, Spring Clean-up, Halloween, Valentine's Day.
secondary displayA promotional display of an item in a retail store in addition to a product's regular shelf location.
secondary packagingA master package that contains several inner packs; which are normally the unit of sale.
secondary supplierA vendor or wholesaler that supplies a retailer with a small volume of products.
sectionAn area in a retail store that contains one category of products.
section resetSee reset.
security depositA retailer's cash deposit with a wholesaler to secure credit.
segregationLocating general merchandise products (GM) in a well-defined area of a store rather than in aisles next to or across from food products.
selective discountingPrice reductions on fast-moving products to give a low- price image.
selective merchandisingThe elimination or minimizing of duplicate brand products.
selective sellingA wholesaler's marketing practice of selling only to retailers who meet various criteria, e.g., sales volume, type of store, location and style of operation. See tonnage items.
self-facing fixtureA rack or shelf that uses either gravity or mechanical means to replace an item when one item is removed by a customer.
self-insuredAn insurance policy within a company where revenue is generated for insurance from associates and company contributions rather than paying premiums to an outside insurance company.
self-liquidating premiumA manufacturer's premium in which the product's cost is recovered through a retail sale of the product.
self-serviceA retail store with few service employees to assist customers other than at the checkout.
sell sheetSee flash sheet.
sell-downThe amount of time it takes to sell all products on the shelf.
semi-liquidatorsA customer's premium whose cost is only partially recovered by a manufacturer or retailer.
serverA central computer, which provides processing for several terminals.
service chargeIn wholesaling, any charge above a transfer of goods. In retailing, an additional charge for providing service to a customer, e.g., check cashing. See neutralizing charge.
service departmentA retail department that fills customer's orders, e.g., service deli; service meat; service seafood; service bakery; in-store pharmacy; video department.
service labelThe in-stock position of a warehouse expressed as the percentage of orders placed that can be filled. The opposite of service label is out-of-stocks.
service merchandiserA vendor/ or wholesaler who specializes in a product category. Also known as a rack jobber.
service storeA retail store with a high level of customer service, e.g., floral department, service deli, service bakery.
setThe layout of merchandise in an aisle or store.
set storeThe process of properly setting up each department with approved products according to a planogram or lay-out diagram.
setting upThe process of properly setting up a display of product according to a planogram.
share of ACVSee all commodity volume.
share of marketA product's percent of sales within a category. A retailer's share of total retail sales within a specific trading area.
shelf arrangementThe assortment and location of products on store shelves.
shelf capacityThe total volume of a shelf; also called holding power or pack-out.
shelf extenderA self-serve display that extends beyond a gondola to increase a shelf's capacity and draw attention to a product.
shelf labelA label that lists order code, description, and pack size of a product on a shelf, as well as its retail price. See shelf tag.
shelf lifeThe time period a product can be expected to maintain maximum quality and freshness.
shelf markerA sign on a gondola. Also known as a shelf talker.
shelf moldingThe outer edge of a gondola shelf used for signs, UPC codes, retail prices, etc.
shelf priceThe retail price stored in an inventory file, shown on a shelf tag, and marked on an item.
shelf spaceThe amount of shelf space allocated to a product category and to each product within the category.
shelf stableA processed food product that remains safe to eat without refrigeration.
shelf stripsA shelf sign for a product. Also known as a shelf talker.
shelf tagA label attached to shelving which is used to identify and describe a specific item.
shelf talkerMerchandise signs, attached to the shelf molding, used to draw customer attention to a product.
shelf warmersItems that sell slowly. Also known as slow movers or slow-selling items.
shellfishAn aquatic animal, e.g., clams, oysters, mussels, crabs, lobsters, shrimp, squid and octopus which has a shell; crustaceans or mollusks.
ship notice-manifestAn EDI transaction in which the shipper notifies a customer of a pending shipment. Generically this is known as an advance ship notice (ASN). The ASN enables the customer to identify short shipments before receipt and plan warehouse receiving more efficiently.
shipperA company that transports and retains title to a shipment until a recipient accepts a shipment.
shipper or shipper packSee prepack.
shipping bracketsA manufacturer's or wholesaler's price points used to encourage retailers to order in large quantities in order to receive better discounts.
shipping containerAn outer shipping case used to transport products.
shipping unitThe amount, size and style of product in its original case.
shop backsIndividual items accumulated at the front end during the course of a day's business that can be put back on shelves for sale.
shoplifterA person who steals goods from a store, while pretending to shop.
shopping behaviorAn observable pattern of consumer behavior, typically in response to sales displays or product price reductions.
shopping cart displayA shopping cart used as a free-standing display.
shopping centerA group of complementary retail stores with a common parking lot.
shopping serviceA vendor who performs competitive price comparisons for a retailer within a specified market area.
shortAn inadequate amount of products needed to fill a shelf or an order or to meet customer demand.
short or short shipSee scratch.