B2B refers to business to business transactions where one business buys goods and services from another business.
B2C refers to business to consumer transactions where the final customer buys goods and Services from a business.
Backorders are pending orders. These orders are generated when an item goes out of stock. The customers wait for the product until it is restocked again and delivered to them.
- Batching Rule
Combination of several smaller batches into one to reduce the MRP is called the Batch Rule.
- Bill of Materials
A list of all raw material required to manufacture a product.
- Break Bulk
Lagre bulks or lots are broken down into smaller amounts for selling to customers