Across
- 1. A method of classifying resources (goods, customers, services) by importance and impact on the result, based on the Pareto principle. Allows you to isolate the most valuable resources.
- 3. An independent and impartial professional who organizes the process of resolving disputes between parties. Must undergo special training (at least 90 hours of training).
- 7. A regulated market where commodities (oil, gold, grain) are traded through standardized futures contracts. It provides transparent pricing and risk hedging.
- 8. process of buying and selling goods over the internet. Includes online stores, marketplaces, mobile apps, digital payments, and logistics services.
- 9. A rule of thumb that states that about 80% of results come from 20% of effort. Used to identify key performance factors.
- 12. A method that assesses the stability of product sales using the coefficient of variation.
- 13. International standards that define best practices in production, management, service provision, or material supply. Accepted by experts from different countries.
- 14. goods Tangible products purchased by end consumers. They are the final result of a production cycle and are intended to satisfy people's everyday needs.
- 16. A unique barcoded product code used for inventory control. Each variation of a product has its own SKU.
- 17. A system of methods aimed at verifying a product's compliance with quality standards.
- 18. An approach in which a store adds products that are not its core specialty to expand its audience and increase sales. For example, grocery stores may sell a small amount of electronics or household goods.
- 19. Intermediaries who bring together a seller and a buyer without physically owning the goods. Their income is a commission.
- 20. Assortment in retail is the set of products available in a store or online. It determines the customer's choice and influences inventory management, especially through SKUs.
Down
- 2. The strategy is focused on a broad market: a large selection of products for the most diverse customer groups. Examples: Walmart, Costco.
- 4. A form of investment activity in which the lessor purchases equipment from a supplier and transfers it to the lessee for use for a fee and for a specified period of time. Upon termination of the agreement, the property usually becomes the property of the lessee.
- 5. A decentralized data storage system in which information is organized into a blockchain and protected by cryptographic methods. Used in finance, logistics, trade, and digital security.
- 6. representatives who sell their products in a particular market on their behalf usually work on a commission basis.
- 10. A strategy in which the assortment is adapted to the needs of a specific region or community. It allows to increase the relevance of products for local buyers.
- 11. Businesses that convert raw materials into finished products. They are a key link in the supply chain.
- 15. An intermediary between a manufacturer and retailers. Purchases large quantities of goods at a lower price and sells them to other businesses.