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Scan-based trading (SBT) is the process by which suppliers maintain ownership of inventory within retailers' warehouses or stores until items are scanned at the point of sale. Suppliers, such as manufacturers or farmers, own the product until it is purchased by the customer, with the store or venue then buying the product from the supplier and ...
A special form of this commission business is scan-based trading, where VMI is usually applied but its use is not mandatory. [4] This is one of the successful business models used by Walmart, Procter & Gamble [5] and many other big box retailers. [6]
GS1 is a not-for-profit, international organization developing and maintaining its own standards for barcodes and the corresponding issue company prefixes.The best known of these standards is the barcode, a symbol printed on products that can be scanned electronically.
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In marketing, a scan-back allowance is an amount paid by a manufacturer to retailers based on the amount of the product sold at a special reduced price for a specified length of time. [ 1 ] References
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