Industry Terms

A B C D E F G H I J K L M N O P R S T U V W Y
A General Guide To Units

The flow of content: What Is The Need Of Defining Units The History Behind Development Of Units Case Study: Why They Matter Different Types Of Systems The Impact On Trade And Commerce Importance Of Units For Inventory Management Wrapping Up We all use different units for various things, but do you know the science behind […]

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Unfinished Goods

Raw materials used to make or manufacture finished goods

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Unified Commerce

A comprehensive software platform engineered to seamlessly interconnect critical aspects of retail and wholesale product sales operations. A unified commerce platform integrates native applications and relevant third party applications together into one cohesive and holistic ecosystem.

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Unit Cost

Cost of each item in the inventory

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Unitization

Grouping of materials into standard packages

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Utility

The perceived value of items

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