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Wal-Mart Provides P&G Access to Sales Information on Every Item

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Wal-Mart provides P&G access to sales information on every item Wal-Mart buys from P&G. The information is collected by P&G on a daily basis from every Wal-Mart store, and P&G uses the information to manage the inventory replenishment for Wal-Mart. This is an example of:


Definitions:

Quintiles

Statistical values that divide a set of data into five equal parts, so that each part represents 1/5th of the sampled population.

Percentage Shares

Represent the portions or fractions, expressed as a percentage, of a whole divided among entities or allocated for specific purposes.

Poverty Line

A calculated income level used as a threshold to determine the minimum amount of income a family or individual needs to afford basic living expenses.

Poverty Rate

The percentage of the population that lives below the poverty line, indicating the level of economic deprivation in a community.

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