A B C D E F G H I J K L M N O P Q R S T U V W Y Z

Outbound logistics

The collection, storage and distribution of the product to customers. For tangible products this would involve warehousing, material handling, transportation, etc.; in the case of services it may be more concerned with arrangements for bringing customers to the service if…

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Outright

In foreign exchange, a forward purchase or sale of currency which is not offset by a corresponding spot transaction. i.e. which has not been contracted through swaps. See foreign exchange.

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Outsourcing

Outsourcing, is the process of utilizing third party workers for traditionally in-house business tasks; this may take place either inside or outside the company’s home country. It is a common practice that businesses use to cut expenses, gain access to…

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