Without the right amount of inventory on hand and in the proper place, the volume of back orders and the cost per order can quickly skyrocket.
What does CPO stand for?
CPO stands for Cost Per Order (advertising)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of CPO
We have 272 other meanings of CPO in our Acronym Attic
- Control Post Operator
- Convergent Pricing Object
- Cook Post Office (Rutgers College)
- Copenhagen Philharmonic Orchestra (Denmark)
- Coproporphyrinogen Oxidase
- Core Process Optimization
- Core Project Office
- Corporate Planning Office
- Correctional Program Officer (various locations)
- Corrections Program Office
- Cost Per Output
- Country Programme Outline
- County Planning Officer
- Crime Prevention Officer (UK)
- Crude Palm Oil
- Current Purchase Option
- Customer Payment Order (banking)
- Customer Purchase Order (sales)
- Czech Philharmonic Orchestra
- Certified Professional Organizer in Chronic Disorganization (National Study Group on Chronic Disorganization)
Samples in periodicals archive:
The model assumes that a retailer of a product buys the product at a constant unit cost, incurs a fixed cost per order, stores the product at a constant carrying cost per unit of inventory per year, and faces a deterministic and constant demand rate over an infinite horizon, the retailer's optimal strategy is to buy a fixed quantity every time he or she replenishes the inventory.
11) The $7 cost per order is derived by dividing the number of orders per quarter (946) by the cost of capacity ($6,624) (see the bottom portion of Table 2).
o] is cost per order, I is annual holding cost expressed as a percent of an item cost, c is an item cost, [pi] is a penalty cost per item, and p(x) is probability that demand is equal to x.
Divide your overhead cost per order by your gross profit margin.
Determine the cost per order to do a comparison of internal fulfillment costs versus those of an outsource vendor.
The team agreed that the new layout would significantly improve cost per order by reducing travel time and decided to implement the changes.
Logistics and operations professionals use "unit rate" metrics, such as cost per package, cost per line, cost per pound, cost per order, and similar terms.