Examlex
Service design must be addressed from two perspectives-the service delivery system and the service encounter.
Category Management
An approach to managing the assortment of merchandise in which a manager is assigned the responsibility for selecting all products that consumers in a market segment might view as substitutes for each other, with the objective of maximizing sales and profits in the category.
Merchandise Assortment
The range of products a retailer offers for sale, including the variety of product lines, categories, and individual items, to meet customer demands.
Product Management
The process of developing, bringing to market, and managing a product throughout its lifecycle, from concept to discontinuation.
Retail Inventory Category
A classification within retail management that organizes inventory into groups or divisions based on similarities, usually to improve inventory management and sales strategies.
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