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Home » Supply Chain and Operations Management Glossary (B)

Supply Chain and Operations Management Glossary (B)

B2B: Business to Business. This is a transaction between two businesses. B2C: Business to Consumer. This is a transaction between a business and a consumer. Backhaul: A return trip, carrying goods perhaps at a lower rate, after making the primary delivery. See also deadhead. Backlog: very similar to back order. Product ordered by customer but not yet delivered. Back order: unsatisfied product demand for which customer is willing to wait for shipment later, rather than cancel the order. Backup Agreement: A purchasing arrangement between a supplier and a retailer that bundles the purchase of given number of nonreturnable units, with the option to buy a given…

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