AM 101: Final Exam
30 Cards in this Set
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QR
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Quick Response
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PLM
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Product Life-cycle Management
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SCM
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Supply Chain Management
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UPC Code
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A 12 digit code that is normally on hang tags that dictates to the stores computer the Style, Manufacturer, Size, and Color lot. FUN FACT!! does not show price.
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Department stores
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A department store is a retail establishment that specializes in satisfying a wide rang of customers. Also, has full mark up on clothing, Carries a wide selection, fashion oriented, and have good customer service
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Boutique
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A boutique coming from the French word "shop", is a small sole proprietor buisness, and can sometimes be a partnered buisness. They also have unique merchandise, and unique store concepts.
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Discount retailer
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Big box retailers, budget/mass produced(ex: Wal Mart) Brandname merchandise at below average prices, lower over head and broad target market.
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Floor Ready
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Also known as: Floor ready merchandise(FRM) merchandise shipped by the manufacturer or distribution center affixed with hangtags, labels, and price informationso that the retieler can place the good immediately on the selling floor
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Work-in-Progress(WIP)
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the quantity of good in the process of assembly in the sewing factory a given time
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Quality Assurance
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Area of a company that focuses on quality control issues but also takes in to consideration satisfaction of consumer needs for a specific end use; standards of acceptance set forth by the contracting party(the apparel manufacturer or example) for the product being produced
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Agile Manufacturing
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use of a combination of technologies that form an integrated, seamless exchange of information linking retailers and suppliers to the manufacturing facility
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Sample Counter or Sew By
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A sample garment sewn by a contractor and submitted to the apparel manufacturer for approval. This sample is then used as a benchmark to compare the sewn production goods
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Export Agent
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A person located in the country that produced the goods who assist the (U.S.) manufacturer with exportation of the products
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Piece-rate wage
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method of compensation whereby each production operator's pay is based on individual productivity, that is, specified task completed by the operator on the total number of units in a given time period
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Selective Distribution
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strategy whereby manufacturers allow their merchandise to be distributed only through certain stores
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Data-mining technology
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Technology used by companies to analyze purchasing data to determine selling patterns or trends and identify correlations among data characteristics.
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Relationship Merchandising
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and emphasis on retail stores on presentation, personal customer service, and having the right products for their target market that are different from the merchandise carried by other stores
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Non-store retailer
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distributor of products to consumers through means other than brick-and-mortar retail stores
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Collection
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a group of apparel items presented together to the buying public, usually by high-fashion designers
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Draping
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A process of creating the initial garment style by molding, cutting, and pining fabric to a mannequin
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Demographics
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Information about consumers that focus on understanding characteristics of consumer groups, such as age,gender, marital status, income, occupation, ethnicity and geographic location.
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Colorway
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The variety of three or four seasonal color choices for the same solid or print fabric availablefor each garment style
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Couture
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A French term that literally means sewing, it refers to the highest-priced apparel produced in small quantities, made of high-quality fabrics utilizing considerable hand-sewing techniques, and sized to fit individual client's bodies
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Prototype
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the sample garment for a new style in the company's base size made in the intended fashion fabric or a facsimile fabric. If made in muslin, the prototype is usually call a toile
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Made to Measure
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A fully customized process where the garment is made specifically for one individual based on his/her measurements and preferences
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Croquis
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AKA lay figure. A French term that refers to a figure outline used as a basis to sketch garment ideas
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Merchandising
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1) the process of buying and selling goods and services 2) area of an apparel company the develops strategies to have the right merchandise, at the right price, at the right locations to meet wants and needs of the target consumer
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Market
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1) consumer demand for a product or service 2) location where the buying and selling of merchandise takes place 3) promote a product or service through media or public relations efforts
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Publicity
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Promotional strategy whereby the company's activities are viewed as newsworthy and thus are featured or are mentioned in print, television, electronics, or other news media
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Marketing
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Process of identifying a target market and developing appropriate strategies from product development, pricing, promotion, and distribution
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AM 101: Final Exam