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Retail Math Formulas We Keep Coming Back To

Each of the components required for the use of retail math are carried in within EDI documents traded between retailer and manufacturer (Supplier) with few exceptions.  While there is some argument within industry segments as to terminology and formulas – these are common.

Average Inventory
Average Inventory (Month) = (Beginning of Month Inventory + End of …

ASNs: Predictive or Definitive?

You have to love the dynamics in the ASN. You should recognize the one(s) you use and recognizing it probably don’t give it a second thought.

For those who don’t know, the 856 Advance Ship Notice (ASN) is used to notify your customer how you packed and shipped their order.  It lists the contents of …