Intro Atm Chapter 1

Front 1

Bar codes

Back 1

a series of black-and-white bars that encodes a universal product code(UPC), which enables retailers and manufacturers to track products

Front 2

Bilateral trade agreement

Back 2

trade agreements between two contries

Front 3

Business to Business (B2B)

Back 3

business that is conducted between businesses than business that is conducted business and an individual consumer

Front 4

Contractor

Back 4

A company that specializes in the sewing and finishinggoods or that specializes in a specific part of the production process (such aspleating piece goods)

Front 5

Corporate Social Responsibility (CSR)

Back 5

a philosophy whereby a company takes intoconsideration human rights, labor conditions, and environmental implicationswhen making business decisions.

Front 6

Cotton Gin

Back 6

A machine that cleans cotton see from the cottonfibers; invented by Eli Whitney in 1794

Front 7

E-Commerce

Back 7

Buying and selling of goods and services conducted over the internet

Front 8

Electronic Data Interchange (EDI)

Back 8

An interchange of business using a standard format. Aprocess which allows one business to send information to another businesswithout the use of paper.

Front 9

Fast Fashion

Back 9

Ultra-fast supply chain operations that focus on consumer demand of fashion

Front 10

Globalization

Back 10

A process whereby economies of nation states become integrated

Front 11

Interindustry Partnership

Back 11

Partnerships between companies in different industries that share common target consumers

Front 12

Intraindustry Partnerships

Back 12

Partnerships with companies that are in the same sector of the industry but have different target customers

Front 13

Mass fashion

Back 13

Originally developed for the teen market; mass fashion focused on simplified styling and sizing; mass production sewing in large factories, with distribution through retail chain stores.

Front 14

Multichannel retailing

Back 14

A retailing strategy whereby merchandise is offered through brick-and-mortar stores, catalogs, and/or websites

Front 15

Multilateral trade agreements

Back 15

Trade agreements among multiple countries, usually negotiated by the World Trade Organization (WTO)

Front 16

Pop-up Retail

Back 16

Specialty stores that are temporary or mobile in nature, focus on new fads, or are associated with live events

Front 17

Pull System

Back 17

Demand-side strategies that are based on the flow of timely and accurate information about consumer's needs and wants from consumers to manufacturers

Front 18

Push System

Back 18

Supply-side strategies to push products produced on the consumer

Front 19

Quick response(QR)

Back 19

A comprehensive business strategy that promotesresponsiveness to consumer demand, encourages business partnerships, and shortensthe business cycle from raw material to consumer.

Front 20

Radio-frequency Identification (RFID)

Back 20

Tagging technology that utilizes a silicon computerchip. The chip in incorporated into containers, pallets, merchandise packaging,or individual items, and is used for purposes of accurate tracking ofmerchandise through production processes and the supply chain or to detercounterfeiting and shoplifting.

Front 21

Ready-to-wear (RTW)

Back 21

Apparel made with mass production techniques usingstandardize sizing; sometimes referred to as “off-the-rack”

Front 22

Size Standards

Back 22

Proportional increase or decrease in garment measurements for each sizeproduced by a ready-to-wear apparel company

Front 23

Slops

Back 23

Less expensive clothes from scrap material left over from custom-madesuits. The term later became a standard term for cheap, ready-made clothing

Front 24

Socially responsible design

Back 24

Achieve through inclusive design (i.e., inclusivebased on age, physical ability, or socioeconomic status), physically andpsychologically healthy design, design that promotes fair trade, and designdecisions that facilitate efficient factory operations.

Front 25

Socially responsible distribtution

Back 25

The intermediaries responsible for bringing goods to market. Theseintermediaries deliver goods from producers too end users in a manner thattakes into consideration human rights, labor conditions, and environmentimplications

Front 26

Socially responsible marketing

Back 26

An organization shows concern for the people andenvironment in which it transacts business.

Front 27

Socially responsible production

Back 27

Production that balances the environmental, ethicaland community need with costs to produce a product.

Front 28

Socially responsible supply chain management

Back 28

Supply chain management (SCM) is the oversight ofmaterials, information, and finances as they move in a process from supplier tomanufacturer to wholesaler to retailer to consumer. Socially responsiblecompanies consider employee training, philanthropy, environment, workplacediversity, health and safety, and community issues as part of this management.

Front 29

Store brand

Back 29

Concept whereby the store offers only merchandise withthe store name as its brand, (i.e., The Limited, Gap, Banana Republic, and OldNavy)

Front 30

Subcontractor

Back 30

A subcontractor is hired by a main contractor toperform a specific task as part of the overall project.

Front 31

Supply Chain Management (SCM)

Back 31

“Collection of actions required to coordinate andmanage all activities necessary to bring a product to market, includingprocuring raw materials, producing goods, transporting and distributing thosegoods and managing the selling process.”

Front 32

Sweatshop

Back 32

Originally referred to the system of contractors and subcontractorswhereby work was “sweated off.” Later, the term became associated with longhours, unclean and unsafe working conditions, and low pay of contract sewingfactories, as well as with the dismal conditions of home factories, wherecontract workers sewed clothing. Currently used to refer to a company thatviolates labor, safety and health, and/or worker compensation laws, or that haswork environments that are unsafe, inhumane, or abusive without providingopportunities for workers to organize or negotiate better terms of work.

Front 33

Textile/Clothing Technology Corporation (TC2)

Back 33

Nonprofit corporation that develops, tests, andteaches advanced apparel technology.

Front 34

Universal Packing Code (UPC)

Back 34

One of several bar-code symbologies used forelectronic identification of merchandise. It is 12-digit number that identifiesthe manufacturer and merchandise item by stock keeping unit (SKU).

Front 35

Vertical Integration

Back 35

Business strategy whereby a company handles severalsteps in nproduction and/or production