Digital Transformation Glossary: E - F

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Digital Transformation Glossary: E - F

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EAS (electronic article surveillance) label

Lightweight tag that is attached to a garment before the item is placed on the sales floor in order to deter shoplifting.

E-commerce

Wide range of online business activities for products and services.

E-learning

Online learning platform that offers training and can be based on a retailer s requirements and updates about challenges in the rapidly changing business environment.

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Electronic data interchange (EDI)

Transfer of data between two companies in a format that can be read and understood by both parties.

Electronic product code (EPC)

Unique identifier used in an electronic identification tag to differentiate products in the supply chain.

Electronic product code information services (EPCIS)        

GS1 standard that enables trading partners to share information about the physical movement and status of products as they travel throughout the supply chain.

Electronic rack edge tag

IoT-powered electronic label that allows retailers to update all product information through the internet.

Electronic shelf label (ESL)

System for displaying product pricing on shelves that can communicate with shoppers, employees and vendors. Typically, electronic display modules are attached to the front edge of retail shelving. The modules use electronic paper (e-paper) or liquid-crystal display (LCD) to show the current product price. ESLs represent a powerful, basic, digital shelf edge.


 


Embedding

Act of adding a code to a website so a video or photo can be displayed there while it is being hosted at another site.

EMV

Global standard for securing debit and credit card payments based on chip card technology; acronym is from Europay, MasterCard and Visa.

Encryption

Method by which plaintext or other type of data is converted from a readable form to an encoded version that can be decoded only by another entity with access to a decryption key.

Endless aisle

Interactive kiosk, touchscreen or other mobile device in a brick-and-mortar store that enables customers to browse and shop the retailer s entire catalog of products.

Enterprise collaboration

System of communication among corporate employees that may encompass use of a collaboration platform, enterprise social networking tools, a corporate intranet and the public internet. It enables employees to share information and work together from different geographic locations through a combination of software technologies, networking capabilities and collaborative processes.

Enterprise resource planning (ERP)

Process by which a company (often a manufacturer) manages and integrates the important parts of its business, such as planning, purchasing, inventory, sales, marketing, finance and human resources.

EPOS (electronic point of sale)

Computerized system used to record sales and control inventory.

ERP inventory intelligence

ERP tool that helps manage inventories and overall supply chain.

E-tailing

Short for electronic retailing,  or the practice of selling goods over the internet.

Facial recognition

Category of biometric software that maps an individual's facial features mathematically and stores the data as a face print, then uses deep learning algorithms to compare a live capture or digital image with the stored face print to verify a person's identity.

F-commerce

Commerce facilitated by the social networking site Facebook.

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