Food Industry Glossary

Like every industry, the food industry has special terms we use to describe aspects of our business. This glossary can help newcomers learn terminology and help seasoned food industry experts keep up to date.

TERM DU JOUR

point change (pt chg)

Similar to Absolute Change, often used for measures that are already expressed as a percent. For example, when comparing 10.3% to 15.6%, the point change would be 5.3 points.

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Latest Additions:

  • actual ship date (ASD)

    The actual date that products leave a manufacturer's plant or distribution center.

  • standard case merchandiser

    A standard display case for service departments, used in the produce, meat, deli and bakery departments.

  • account

    A manufacturers' term for a retailer or wholesaler that buys and resells the manufacturer's products.

  • utility

    United States Department of Agriculture (USDA) grade of beef. Utility grade meat comes from older cattle and is used to produce sausages or canned beef entrees, such as beef stew.

  • point change (pt chg)

    Similar to Absolute Change, often used for measures that are already expressed as a percent. For example, when comparing 10.3% to 15.6%, the point change would be 5.3 points.