A trade item is an item that is the subject of trade. It is a term used primarily by people in supply chain management and logistic engineering. An often used term in the Journals of the Lewis and Clark Expedition.
A trade item is an item that is the subject of trade. It is a term used primarily by people in supply chain management and logistic engineering. An often used term in the Journals of the Lewis and Clark Expedition.
Sales are activities related to selling or the number of goods sold in a given targeted time period. The delivery of a service for a cost is also considered a sale. A period during which goods are sold for a reduced price may also be referred to as a "sale".
The seller, or the provider of the goods or services, completes a sale in an interaction with a buyer, which may occur at the point of sale or in response to a purchase order from a customer. There is a passing of title (property or ownership) of the item, and the settlement of a price, in which agreement is reached on a price for which transfer of ownership of the item will occur. The seller, not the purchaser, typically executes the sale and it may be completed prior to the obligation of payment. In the case of indirect interaction, a person who sells goods or service on behalf of the owner is known as a salesman or saleswoman or salesperson, but this often refers to someone selling goods in a store/shop, in which case other terms are also common, including salesclerk, shop assistant, and retail clerk.
The Universal Product Code (UPC or UPC code) is a barcode symbology that is used worldwide for tracking trade items in stores.
The chosen symbology has bars (or spaces) of exactly 1, 2, 3, or 4 units wide each; each decimal digit to be encoded consists of two bars and two spaces chosen to have a total width of 7 units, in both an "even" and an "odd" parity form, which enables being scanned in either direction. Special "guard patterns" (3 or 5 units wide, not encoding a digit) are intermixed to help decoding.