Term: Purchasing -> Status (Check, Report, Request)
Term:
Status (Check, Report, Request)
Definition:
State of an order at any given point. A status check, generally the response to a status request, is the act of checking with the vendor on the shipping date of item. Status report is reporting back to the inquirer with this information.
Dave’s been out of work for 10 months now. He’s frustrated. He spends 6-8 hours a day trying to drum up a senior management position. There just aren’t any available in his nec... [ more... ]
When we lose a single customer, we do not lose a single order but a lifetime opportunity of profitability with that individual. Do you know the average lifetime value of your customers?&... [ more... ]