Page 74 - Merchandiser Refresher Course

BASIC BUSINESS TERMINOLOGIES:-

• FMCG – Fast Moving Consumer Goods • MT – Modern Trade
• CHC – Consumer Health Care • GT – General Trade

• OTC – Over The Counter • PT – Pharmacy Trade
• SKU – Shelf Keeping Unit • ASM – Area Sales Manager

• MSL – Must Stock List • KAM – Key Account Manager

• AVP – Availability, Visibility & Pricing • BDM – Business Development Manager

• NPI – New Product Innovations • BDA – Business Development Agreement

• NEAREX – NEAR EXpiries • KPI – Key Performance Indicators

• LS – Low Stocks • WH – WareHouse

• OOS – Out Of Stocks • H&B – Health & Beauty

• FIFO – First In, First Out • GRV – Goods Return Voucher

• ISE – In Store Excellence • PTT – Price To Trade

• GE – Gondola End • STT – Sales To Trade

• POSM – Point Of Sales Materials • RSP – Recommended Selling Price

• FSU – Floor Standing Units • FOC – Free Of Charge

• MDF – Medium Density Fiberboards • 20 PAP – Recycling Code - Cardboard Material
• CTU – Counter Top Unit • PQC – Product Quality Complaint