• Definition: The average amount a customer spends per order, calculated as .

• Where You’ll See It: Often displayed on Product Sales pages or the Dashboard to gauge how much each sale is worth on average.

• Definition: A chronological log of changes or actions taken on a product or variant (e.g., when items were added to the basket, who created a purchase order, or when a forecast was adjusted).

• Purpose: Helps you audit recent changes and spot who did what (and when).

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• Definition: A temporary holding area for items (SKUs) you plan to reorder. You select quantities here before converting them into Purchase Orders.

• Basket Page Features:

• Total Basket Cost: Shows the sum cost of all SKUs in the basket.

• Categorical Distribution: A visual bar or donut chart showing cost distribution by category (e.g., T-shirts, Leggings).

• In Basket Qty: The quantity of each SKU you’ve decided to reorder.

• Export Basket: Lets you download the basket data (e.g., CSV) for record-keeping.

• Convert to Orders: Finalizes the basket into one or more purchase orders, typically grouped by supplier.

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• Definition: The standard or minimum grouping in which you order an item (e.g., some suppliers only sell in multiples of 50).

• Importance: Ensures you meet supplier requirements when reordering; Tightly factors it into replenishment suggestions.

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• Definition: A set amount of money to be spent on inventory purchases over a specific timeframe.

• Types:

• Continuity Budget: Reserved for core items you always want in stock.

• Open-to-Buy (OTB) Budget: An optional portion for new, seasonal, or opportunistic products.

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• Overview:

• Continuity vs. OTB: Bar charts and tables show how much you’ve allocated to each.

• Spent vs. Allocated: Tracks how much of your budget is used up compared to what’s left.

• Monthly / Quarterly Breakdown: Lets you see budget usage month by month (or quarter by quarter).

• Category Distribution: Some views show the proportion of spending per product category.

• Adjustments: You can revise monthly targets or reallocate funds between Continuity and OTB if circumstances change.

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• Definition: Individuals (e.g., supplier reps, team members) stored in Tightly, with details like role, department, email, phone, or WhatsApp.

• Contacts Page:

• Table Columns: Name, Role, Supplier (if applicable), Department, Contact Type, Email.

• Individual Contact Page: Displays email threads, calls, or meeting records linked to that contact.

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• Definition: The direct costs (e.g., manufacturing or wholesale price) of the items you’ve sold in a given period.

• Where You’ll See It: On Product Sales pages, used for profitability analysis alongside revenue.

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• Definition: A portion of your total budget allocated specifically for proven, “evergreen” SKUs—ensuring you never run out of your core products.

• Integration: Works hand-in-hand with Smart Replenishment and Replenishment Sets for staple items.

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• Definition: Inventory that hasn’t sold for a certain period, tying up capital.

• Identification: Tightly flags “dead stock” on dashboards or product lists so you can discount, bundle, or discontinue them.

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• Definition: How many days a certain stock quantity can meet forecasted demand.

• Usage: Often appears in Replenishment Sets or product detail pages as a reorder trigger (e.g., “Reorder if fewer than 7 days of cover left”).

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• Definition: Tightly’s main landing page providing a high-level snapshot of store performance.

• Key Metrics:

• Revenue, Items Sold, GMROI, Inventory Cost, Stockouts, Overstocks, and more.

• Click-to-Drill Down: Clicking a KPI (e.g., “Items Sold”) takes you to the Product Sales or Products page for details.

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• Definition: A classic formula that calculates the optimal order size to minimize total holding and ordering costs.

• Relation to Tightly: Tightly’s AI effectively automates reorder suggestions, but EOQ might be referenced as part of advanced supply chain best practices.

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• Definition: Tightly’s AI-powered projection of future sales based on historical trends, real-time data (e.g., from Shopify), and manual adjustments.

• Influence: Directly affects Smart Replenishment suggestions and helps set budget usage expectations.

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• Definition: Overrides or tweaks to Tightly’s automated forecast—such as excluding stockout days or accounting for planned promotions.

• Goal: Ensure recommendations stay accurate in light of real-world or upcoming events.

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• Definition: A profitability metric showing how effectively inventory costs turn into gross profit.

Formula: .

• Usage: Compare GMROI across SKUs to see which items yield the best returns.

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• Definition: The total units purchased by customers over a selected timeframe.

• Where to Find: Often on the Dashboard or Product Sales page, helping track overall sales volume.

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• Definition: The total cost value of all items currently in stock.

• Importance: Shows how much capital you have tied up at any moment.

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• Definition: The number of days (or weeks) a supplier typically needs to fulfill and ship an order.

• Impact: Tightly factors lead time into Smart Replenishment, ensuring you reorder early enough to avoid stockouts.

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• Definition: If you manage multiple warehouses or store locations, each SKU’s inventory is tracked by location.

• Usage: Product pages often show which location a SKU belongs to, how much is in stock there, etc.

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• Definition: The smallest number of units a supplier will sell in one order.

• Integration: Tightly ensures reorder suggestions respect MOQ constraints so you don’t place unfulfillable orders.

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• Definition: The smallest dollar amount a supplier will accept for a purchase order (e.g., $500).

• Usage: If your basket’s cost is below a supplier’s MOV, you’ll need to add more items or choose a different supplier.

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• Definition: SKUs that exceed forecasted demand, tying up capital.

• Alerts: Tightly flags these on the Dashboard or Products page, prompting possible promotions or reorder adjustments.

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• Definition: A flexible budget segment for new, seasonal, or experimental SKUs, letting you test fresh trends without risking core item funds.

• Tracking: Often displayed on the Budget screen alongside Continuity Budget.

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• Definition: Tightly categorizes SKUs based on metrics like sales velocity, stock turnover, or profit contribution.

• Purpose: Quickly see which SKUs drive revenue (Top Performers), which may be losing traction (Falling Stars), and which might be prime for discontinuation (Low Performers).

• Definition: An item you sell, such as a T-shirt or electronic accessory.

• Variants / SKUs: Each product can have multiple variants (e.g., different sizes/colors), each tracked separately.

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• Definition: A detailed view showing images, cost, stock levels, lead times, forecast, and reorder recommendations for that product or variant.

• Tabs: Often includes a Sales History chart, Forecast data, Activity Timeline, and a place to Add to Basket.

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• Definition: Shows how each product (or variant) is selling—units sold, revenue, cost of goods sold (COGS), and GMROI for a selected timeframe.

• Usage: Identifies your best-selling items or struggling SKUs, guiding purchasing and marketing decisions.

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• Definition: A table listing all products/SKUs.

• Columns: Typically show SKU ID, Supplier, Location, Unit Cost, Sell Price, Current Stock, and an Add to Basket option.

• Filters: Narrow your view by supplier, category, or stock status.

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• Definition: Official requests to suppliers for reorders.

• Creation Flow: Items get added to a Basket, then converted into a PO with a status (Drafted, Requested, Confirmed, or Shipped).

• Supplier Info: PO pages or sidebars often display lead time, MOQ, and contact details.

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• Definition: Groups of SKUs that share common reorder triggers (e.g., “Reorder at < X units” or “Days of cover < Y”).

• Examples: A “Fast-Mover Set” might reorder more aggressively; a “Seasonal Set” might reorder within certain time frames.

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• Definition: Tightly’s AI-driven functionality that uses forecasted demand, lead times, and budget constraints to suggest optimal reorder amounts.

• Daily/Weekly Recommendations: Tightly surfaces how many units need replenishing to stay in-stock without overspending.

• Definition: A status indicator (e.g., Healthy, Caution, Critical) reflecting how soon a SKU might run out or if it’s in surplus.

• Usage: Helps you decide which items need immediate attention before a stockout or major overstock occurs.

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• Definition: A metric showing how many times your inventory cycles (sells out and is replenished) over a specific period.

• Where You’ll See It: On certain product or dashboard views to gauge velocity.

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• Definition: Occur when inventory of a SKU drops to zero, causing missed sales opportunities.

• Alerts: Tightly flags stockouts so you can reorder ASAP.

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• Definition: The vendor or company from whom you purchase products.

• Supplier Detail Page: Typically includes lead time, MOQ/MOV, associated products, total spend, and open POs.

• Contacts: Within a supplier page, you can see relevant supplier reps (e.g., account managers) you can call, WhatsApp, or email directly.

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• Definition: The total quantity purchased by customers during a chosen timeframe (daily, weekly, monthly, etc.).

• Where It Shows: Dashboard KPI, Product Sales page, or Product/Variant detail pages.

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• Definition: A specific configuration of a product (e.g., “Blue T-shirt, Size M”).

• Tracking: Each SKU has unique costs, pricing, forecasts, stock levels, and can be included in Replenishment Sets.

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That’s Our Full Glossary!

We’ve covered every term we’ve seen in the screenshots and discussions—from the Dashboard to Basket to Tori’s Dashboard. If there’s still anything missing or unclear, just let us know, and we’ll add it.