GUIDES / GLOSSARY
Glossary
The words of the floor, in plain English.
- Sample tracking
- Knowing where each showroom sample is and what happens to it next, from the day it arrives to the day it goes back to the brand. More
- Line sheet
- The brand’s list of styles for a season, with colours, sizes and prices, that buyers order from. More
- Keep, wait or drop
- The call a showroom makes on each new sample when it is checked against the brand’s sheet. More
- Full recount
- Counting the whole floor again, usually after the sheet changes or the numbers stop matching. More
- Cycle count
- Counting part of the stock on a schedule, so the whole floor never has to stop for a count. More
- Smart shelf
- A shelf that knows what is on it and tells your system the moment an item is lifted. More
- Tag
- The small label on each item that a shelf or a phone reads to know which item it is. More
- Pick list
- What to take from the shelves for an order, and the shelf each item sits on. More
- Pick route
- The order to visit the shelves in, so the picker walks the shortest way. More
- Short pick
- When the shelf holds fewer than the order needs. More
- SKU
- One sellable item: a style in one colour and one size. More
- Style, colour and size
- How apparel and footwear stock is kept: each style in every colour and every size. More
- Cut ticket
- An order to production to make more of a style. More
- EDI 850
- The standard electronic purchase order large retailers send. More
- AR aging
- What buyers owe, sorted by how late it is. More
- 3PL
- A logistics company that stores and ships stock for other brands. More
- Pull list
- The list of samples or stock to take off the floor, with the shelf each one is on. More
- Back room
- Where a showroom keeps the samples and stock that are not on display. More
- Rep kit
- The samples a sales rep takes on the road to show buyers. More
- Market week
- The days buyers visit showrooms to see a new season and place their orders. More
- Purchase order
- The order a buyer sends: the styles, colours, sizes, quantities and prices they want. More
- Wholesale marketplace
- A site such as JOOR, NuORDER or Faire where buyers place orders with brands. More
- Receiving
- Checking in what arrives, item by item, and putting each one on its shelf. More
- QA hold
- Keeping an item out of sale and out of picks until someone has checked it. More
- Allocation
- Stock set aside for one order, so nobody else can take it. More
- Transfer
- Moving stock from one location to another, followed until it arrives. More
- Stock accuracy
- How often the count in your system matches what is really on the shelf. More
- Shrinkage
- Stock that goes missing: lost, damaged, stolen or never recorded. More
- Pick-to-light
- A light on the shelf that shows a picker which shelf to take from. More
- Packing slip
- The list that goes in the box: what is in it, and for whom. More
- Shipping label
- The carrier’s label on the box, with the address and the tracking number. More
- Rate shopping
- Comparing what each carrier charges for a shipment and choosing one. More