Glossary

A glossary of MFP related terms

• 4-5-4 Calendar
• Available to Spend
• Average First Margin (AFM)
• Average Inventory Cost
• Average Stock
• Breakeven Sales
• Buying Margin
• Buying Plan (BP)
• Calendar
• Cash Flow
• Category
• Closing Stock
• Committed Orders
• Cost of Goods Sold (COGS)
• Days Stock
• Financial Statement
• First Margin
• First Margin Percentage
• Gross Margin
• Gross Margin ROI
• Gross Profit
• Gross Profit Percentage
• Inventory
• Inventory Cost
• Key Performance Indicators (KPIs)
• Location
• Mark Up on Costs (MU)
• Markdowns (MD)
• Net Transfers
• Open to Buy (OTB)
• Opening Stock
• Point of Sale (POS)
• Purchase
• Range Plan
• Retail Accounting Principles
• Stock-Keeping Unit (SKU)
• Retail Financial Management
• Return On Investment (ROI)
• Sales
• Sell Price
• Shopping List
• Shrinkage
• Stock Turn
• Trend
• Trend Percentage