Backlogged financial definition of backlogged
backlog (redirected from backlogged)
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The total value
of orders for a product that have not been filled. The backlog can help a company estimate its future earnings
or other performance more accurately. This metric is used most often in manufacturing.
backlog a build-up of customer orders which a firm has agreed to deliver at specified future dates. Backlogging is one means by which a firm can ‘even out’ demand in relation to its production capacity, allowing delivery lead times to increase during peaks in demand and shorten during slack periods. Backlogs of orders can provide an alternative to STOCKHOLDING or OVERTIME working, and varying the backlog may be the only way of dealing with demand fluctuations in some service industries. See PRODUCTION SCHEDULING.
References in periodicals archive
As Hopewell Culture National Historical Park continues its march toward World Heritage designation, it may be in line for more than $2 million to tackle some backlogged
park maintenance needs.
The city has about 100,000 assessment cases backlogged
at both the Tax Commission and Corporation Counsel, even as this year's applications are being heard.
While it met fiscal year 2006 targets for half of the 15 backlogged
application types, USCIS may have difficulty eliminating its backlog for two complex application types that constitute nearly three-quarters of the backlog.
Buzzerio said deeds are still backlogged
about five months noting the properties they were recording last week were transferred in March.