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Definitions (282)
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independent marketer
A petroleum retailer not affiliated with the major brand of a large major integrated refining/marketing company. Independent Refiner
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backstock
Items in inventory that are not yet placed on the shelves. Bar Code
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ssda
Service Station Dealers of America Standard Generalized Markup Language (SGML)
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ach
Automated Clearing House is a secure, private electronic payment transfer system that connects all U.S. financial institutions. Direct paycheck deposits and debit card purchases are two examples of electronic fund transfers that go through this network." Other typical ACH payments include salaries, recurring bill payments, and Social Se [..]
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nacs show
Member Directory Store Page Image In thi [..]
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accounts payable to inventory ratio
For this ratio, a number of more than 1.0 indicates that suppliers are essentially financing a company's inventory, which frees up the company's current assets for other uses. When this ratio increases it means that the industry is expanding its payment cycles to finance inventory costs. Decreases in the ratio indicate that the industr [..]
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actual cost
In foodservice, this is the cost of food sold, as calculated from purchase records and inventory results, after any necessary adjustments. AFV
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all commodity volume
Total retail sales dollars for all products in a store, over a given time period. American National Standards Institute (ANSI)
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amortization
This is a non-cash charge, usually the allocation of the cost of intangible assets, such as goodwill, over a period of time to income. Intangible assets are those that lack a physical form. Amortizing goodwill means no cash is actually paid out over the amortization schedule but does mean a charge against income. Application Service Provider ( [..]
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assortment
Various forms of the same general type of items, such as the depth and width of the merchandising offer. Depth is about the variety of styles, colors, sizes, flavors, brands, and prices; width is about the different product categories. ATM
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