RMG 200 Chapter Notes - Chapter 9: Electronic Data Interchange, Stockout, Supply Chain

• School: Ryerson University
• Department: Retail Management
• Course: RMG 200
• Professor: Brent Bar

Document Summary

Chapter 9 | information systems and supply chain management. Lo1 creating strategic advantage through supply management and information systems. Distribution centre - a warehouse that receives merchandise from multiple vendors and distributes it to multiple stores. Is the unique and sustainable advantage that enables retailers to realize a higher-than- average return on their assets. Stockout occurs when a sku that a customer wants is not available. Lo2 | the flow of information and products in a supply chain. Upc - the black-and-white bar code found on most merchandise that is used to collect sales information at the point of sale using computer terminals that read the code. This information is transmitted computer to computer to buyers, distribution centres, and then to vendors, who in turn quickly ship replenishment merchandise. Edi is the computer-to-computer exchange of business documents in a standardized format.