Working with suppliers Flashcards

1
Q

Own brand

A

A product that is packaged and marketed under the brand name of the supermarket.

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2
Q

Buffer stock

A

A minimum stock level a business holds at all times, to reduce the risk of running out of stock due to late deliveries.

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3
Q

Bulk buy discount

A

A cheaper price offered to customers when they buy a large quantity of something.

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