We define service level as the proportion of time that no back orders
exist; that is, the ratio of the time with no back orders
to the total time.
With over US$65.21 million of back orders
, Tongtai says its production lines will be filled till the end of the fourth quarter, with monthly sales expected to exceed US$18.63 million from May through the year-end.
However Glaxo only expects to see around another pounds 200m in swine flu sales this year after governments scaled back orders
as the threat of pandemic receded.
DRUGS giant Novartis could catch a cold as world governments scale back orders
for its swine flu jabs.
He added that he has heard of companies winning back orders
People will be able to put up an order to match at 'Betfair SP', which will be the weighted price in the last few minutes of trading, determined by a sophisticated process of matching all lay orders against back orders
Merck announced that ProQuad (measles, mumps, rubella, and varicella virus vaccine five) will be unavailable for ordering through the rest of 2007, although existing back orders
were filled through August.
And that will solve the problem of back orders
of packs in the supply system.
These included a record low for back orders
, the lowest cost-recovery rate in agency history, and a 90 percent customer satisfaction rate.
Late shipment and back orders
are another perpetual headache for buyers, they said, but seem to have become an increasing problem of late.
In addition, "manufacturers' back orders
are up 31.7% over last year--a huge jump," Haughey says.