order processing time
Definition
The expected period of time between the date an order is placed and when it is shipped. Factors that may affect processing time include inventory levels, errors in order picking, weather, federal holidays, etc. Use of a warehouse management system that automates various aspects of the picking and packaging process may help shorten the average order processing time.
Related Articles
- An Economic View of Real Estate *
- An Explanation of Home Equity and the Related Loans *
- Assessing Risk While Building a Portfolio *
- What is a C Corporation? *
- Kids and Money: Tackling the Various Issues *
- Fraud and Dispute Resolution *
- Corporate Bonds *
- Creating the Family Budget *
Related Videos
http://www.businessdictionary.com/definition/order-processing-time.html
