Examlex
________ are large and highly automated warehouses designed to receive goods from various plants and suppliers, take orders, fill them efficiently, and deliver goods to customers as quickly as possible.
Retail Industry
A sector that consists of businesses selling consumer goods directly to customers, involving a range of stores and online platforms offering merchandise from food to fashion.
Periodic Inventory System
An accounting method where the inventory is physically counted at the end of a certain period, used to calculate the cost of goods sold and determine inventory levels.
Perpetual Inventory System
An inventory management system that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.
Consignee
The person or company that receives goods for sale, storage, or shipment on behalf of another, holding goods without taking ownership.
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