Business terms and jargon explained. Your business dictionary

What is Order Optimisation

This terms is used to find the best order level or the economic order level. When a business needs supplies, it should order the right amount of materials at the right time. This will reduce cost and wastage. There are many formulas that can be used to get to the best order level. This can involve the whole ordering process from start to finish, form how to decide what is needed, to the ordering and the accounting. Many different types of orders may be needed and this is where it gets more complex in decided on the best order optimisation.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Gross Cost of Capital N266 Civil Court form Annuitant
OHIM Backpay Convention right Blocked Input Tax
Goods Biweekly Make waves JP
Lat CPC COO Shelf life
Pay Back Period Interest Overwrite Procedure Executor-dative
N6 Civil Court form Acquiree Off Balance Sheet Default Interest
FAQ Independent Review Service Trade secret Planchet
Counterparty Ogden tables Supply VAT Next of kin
Advance information ERNIE Ex-Works Import VAT Certificate
European Patent Office Colon - El Salv N265 Civil Court form Cryptocurrency

Term created / updated 2006-11-09 14:37:28

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.