OTIF

How it is used

Used in supplier scorecards, logistics contracts and management reports. Large retailers may set OTIF targets and charge suppliers penalties when they miss them. An order counts as a failure if it is late or short, even by a single unit.

Example sentences

1. Our OTIF rate fell to 88 percent last month because of the strike at the port.

2. The retailer expects at least 95 percent OTIF from all its suppliers.

Common collocations

• OTIF rate
• OTIF target
• measure OTIF
• OTIF performance

Related terms

• visibilityThe ability to see where goods, orders and stock are at any moment along the supply chain, usually through shared real-time data.
• proof of deliveryA signed document or electronic record showing that goods were delivered, when, and who received them; often needed before an invoice is paid.
• supplierA company or person that provides goods, materials or services to another business, usually at an agreed price and on agreed delivery terms.
• lead timeThe time between placing an order or starting a process and receiving the finished result, for example from sending a purchase order to the goods arriving.
• backorderA customer order, or part of one, that cannot be filled now because the item is out of stock, and will be shipped when new stock arrives.

More terms: Tracking and Performance

• tracking number
• ETA
• in transit
• barcode
• RFID
• TMS