Supply Chain Glossary
/ Letter F
Glossary — Letter F
5 supply chain, inventory, and fulfillment terms starting with F. Plain-English definitions for e-commerce merchants.
FOB (Free on Board)
A shipping term indicating that the seller is responsible for goods until they are loaded onto the buyer's vessel, after which the buyer assumes risk and cost.
Fill Rate
The percentage of customer orders fulfilled completely from available stock without any backorders or lost sales.
First In, First Out (FIFO)
An inventory management method where the oldest stock is sold or used first, reducing the risk of spoilage or obsolescence.
Fulfillment Center
Fulfillment Center: a key concept in supply chain and ecommerce fulfillment for Shopify brands.
Fulfillment SLA
A service level agreement that defines the committed time frame within which a merchant or 3PL must pick, pack, and ship an order after it is placed.
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