Words similar to order-fulfillment
Example sentences for: order-fulfillment
How can you use “order-fulfillment” in a sentence? Here are some example sentences to help you improve your vocabulary:
Assume that the retailer wishes to provide a 95 percent order-fulfillment rate for this SKU, that the retailer checks inventory once per week, and that the manufacturer’s lead time to deliver replenishment units is overnight.
This is illustrated in Table 7.1, which shows the average order-fulfillment rate for products with different levels of demand variability, assuming the same level of average demand is held for each SKU.
Put in a different way, increasing the amount of inventory from the company’s uniform level to the optimal level raised the manufacturer’s order-fulfillment rate to more than 97 percent for all SKUs, which raised profits more than it cost the manufacturer in terms of added inventory carrying cost.
That is, it could set a target stock level of two weeks of finished goods inventory and be able to provide a very high customer service level (defined here as order-fulfillment rate) to retailers.
First, the previous case study suggests that SKUs with large demand variance (high Cvs) will require larger amounts of inventory than low variance SKUs to provide a high order-fulfillment rate to the retailer.
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