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Glossary
Glossary of Wholesale Terms
A
Arbitrage
Automated Commercial Environment (ACE)
Automated Export System (AES)
B
B2B (Business to Business)
B2C (Business to Consumer)
Backorder
Big-box store
Brand
Break Bulk
C
C2B (Consumer to Business)
C2C (Consumer to Consumer)
Cash and carry (wholesale)
China Compulsory Certificate (CCC)
Common External Tariff (CET)
Consignment
Convenience store
Country of Origin
D
Distribution
Distributor
Dollar store
Dropshipper
Dropshipping
E
E-commerce
EAN
Economic Operators Registration and Identification (EORI) Number
Economic Order Quantity (EOQ)
Electronic Export Information (EEI)
EU’s Restriction of Hazardous Substances (RoHS) Directive
F
Final sale
FOB (Free on Board)
Franchised distributor
Franchisee
Franchising
Franchisor
Free Trade Agreement (FTA)
Fulfillment
Fulfillment Center
G
Global Trade Item Number (GTIM)
GS1
H
Harmonized System (HS)
Haute couture
HS Codes
I
Internal Transaction Number (ITN)
International Article Number
Inventory Management
J
Just-In-Time (JIT)
L
Lead Time
Logistics
M
Manufacturer
Manufacturing
MOQ (Minimum Order Quantity)
N
NAICS – North American Industry Classification System
Net Terms
North American Free Trade Agreement (NAFTA)
O
Order Fulfillment
P
Pound shop
Private label dropshipping
R
Reorder Point
Retail
Retailer
S
Schedule B
Shippers’ Export Declaration (SED)
Shrink or Shrinkage in Retail
SIC – Standard Industrial Classification
SKU
Supply Chain Coordination
Supply Chain Management
Symbol group
T
Transportation Management
U
United States-Mexico-Canada Agreement (USMCA)
Universal Product Code (UPC)
V
Variety store
W
Warehouse (wholesale) club
Warehousing
White label dropshipping
Wholesale
Wholesale agent
Wholesale Price
Wholesaler
World Customs Organization