Business, Legal & Accounting Glossary
A retailer’s order for a product that is temporarily out of stock with the supplier.
An order that cannot be currently filled or shipped, but is requested nonetheless for when the item becomes available again.
A customer order that cannot be filled when presented, and for which the customer is prepared to wait for some time. The percentage of items back-ordered and the number of backorder days are important measures of the quality of a company’s customer service and the effectiveness of its inventory management.
I bought the domain by backorder in the hopes that it may become available in the future.
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This glossary post was last updated: 15th February, 2020 | 0 Views.