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What Are Points? What Is Their Purpose

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What are points? What is their purpose?


Definitions:

Retail Storage

The process or space used for the keeping and management of goods or merchandise in stores.

Service Factor

A measure of service level performance, often used in inventory control to determine the appropriate amount of safety stock to meet a specified service level.

Product Availability

A measure of the extent to which goods or services are ready for sale and can be purchased by consumers.

Online Sales

The process of selling goods and services through the internet, enabling transactions to be completed digitally.

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