Backorder: Supply Chain Management
Backorder:
Customer order which cannot be filled now, and for which the customer is prepared to wait for some time. Percentage of items back ordered and the number of back order days are important measures of the quality of a firm’s customer service and the effectiveness of its inventory management.
An unfilled customer order. A backorder is demand (immediate or past due) against an item whose current stock level is insufficient to satisfy demand.
This calculation can vary. Some companies count items that are not confirmed (not allocated) and past the Requested Delivery Date (or Requested Ship Date). Other companies may also count those items with stock confirmed, but past due.
Backorders may be expressed in “pieces”, “SKU’s” or in “value”. Backorder calculations are often tracked at a variety of levels. Example: Customer, Division, Total Company
Aged Backorder: Reports on backorders in past-due time buckets based on the Requested Delivery Date/Requested Ship Date.
An unfilled customer order. A backorder is demand (immediate or past due) against an item whose current stock level is insufficient to satisfy demand.
This calculation can vary. Some companies count items that are not confirmed (not allocated) and past the Requested Delivery Date (or Requested Ship Date). Other companies may also count those items with stock confirmed, but past due.
Backorders may be expressed in “pieces”, “SKU’s” or in “value”. Backorder calculations are often tracked at a variety of levels. Example: Customer, Division, Total Company
Aged Backorder: Reports on backorders in past-due time buckets based on the Requested Delivery Date/Requested Ship Date.
Backorder translate to LOST sales opportunities.
SUPPLY CHAIN MANAGEMENT METRICS
- Backorder: Supply Chain Management
- Supply Chain Balanced Scorecard
- Bench Marking – Supply Chain Management
- Cycle Time – Supply Chain Management
- Supply Chain Definition and validation
- Supply Chain Fill Rate
- Supply Chain DPMO
- Supply Chain Management Finance Inventory
- Inventory ABC Classification
- Inventory Accuracy
- Inventory Turns
- Ontime shipping performance
- Perfect Order Measure
- Performance to promise
- Setting Goals for your Supply Chain Metrics
- Tranportation Metrics
- Supply chain Management Acronyms
- The Supply Chain Management
