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Your email volume has begun to overwhelm you since you assumed new responsibilities at your job. You need to start flagging your emails, in order to give them a prioritization that you can use to manage your workflow more efficiently. An email from a vendor does not urgently demand a response. You think it can be postponed until next week, when you will have more time to follow up on it. What priority level can you assign the email?
Perpetual Inventory System
A method of keeping track of inventory in real-time, where inventory levels are updated after every sale or purchase transaction.
FOB Shipping Point
A term used in shipping agreements indicating that the buyer is responsible for the cost of shipping and risk of loss from the shipping point.
Credit Terms
Conditions under which credit is extended by a seller to a buyer, detailing the repayment period, any discounts for early payment, and penalties for late payment.
Discount Period
The timeframe during which a payment may be made at a reduced rate, often used in terms of sales or note receivables.
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