Fulfillment
Fulfillment
What does Fulfillment mean?
Fulfillment in economics refers to the totality of all activities and processes which, after the conclusion of a sales contract, serve the supply or supply of the buyer by the seller or by a partner of the seller.
Terms to be distinguished in Fulfillment
Order Fulfillment
Service Fulfillment
Omnichannel Fulfillment
Which process steps does fulfillment involve?
Fulfillment involves a variety of coordinated operational activities and processes. Among others, the following are attributed to fulfillment:
- Order acceptance
- Acceptance of reservations
- Acceptance of consultation dates
- Storage
- Storage compensation
- Picking
- Packaging
- Franking
- Dispatch
- Returns including disposal
- Supply of spare parts
- Repair including exchange of goods
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