Scan-Based Trading (SBT)

Tags: Glossary

A practice that uses point-of-sale scanner data to manage payment, promotion and replenishment of products in a retail store. It is similar in nature to and an enhanced version of Vendor Managed / Owned Inventory where the retailers POS data is used as the basis for transactions between the supplier and the retailer. Supplements the consumption / replenishment component ofCPFR and ECR strategies

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