UK 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.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Backorder are sourced/syndicated and enhanced from:
This glossary post was last updated: 8th January 2020.