| A | B |
|---|
| FASHION BUYERS | RESPONSIBLE FOR MAKING SURE THE MERCHANDISE THAT CONSUMERS WANT IS AVAILABLE IN STORES |
| MERCHANDISE PLANNING | ESTIMATING, AS CORRECTLY AS POSSIBLE, CONSUMER DEMAND AND HOW IT CAN BEST BE SATISFIED |
| STOCK TURNOVER | # OF TIMES THE INVENTORY IS SOLD AND REPLACED IN A GIVEN PERIOD |
| OPEN TO BUY | ONGOING DOLLAR AMOUNT THAT BUYERS ARE PERMITTED TO ORDER |
| MARKET WEEK | RETAILER BUYERS "GO TO MARKET" TO MEET WITH A LARGE NUMBERS OF VENDORS AND THEY COMPARE MERCHANDISE |
| TRADE SHOWS | TEMPORARY EXHIBITS THAT ARE SCHEDULED THROUGHOUT THE YEAR IN VARIOUS TRADE CENTERS |
| BASIC STOCK | INDICATES THE DESIRED INVENTORY LEVEL FOR EACH SKU |
| ORDER POINT | THE POINT AT WHICH INVENTORY AVAILABLE SHOULDN'T GO BELOW OR ELSE WE WILL RUN OT OF STOCK BEFORE THE NEXT ORDER ARRIVES |
| MERCHANDISE BUDGET PLAN | THE SYSTEM FOR MANAGING FASHION MERCHANDISE CATEGORIES |
| OPEN TO BUY SYSTEM | SYSTEM USED AFTER THE MERCHANDISE IS PURCHASED |
