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FBA (Fulfillment by Amazon)

A service where Amazon handles storage, packaging, and shipping for sellers. 

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FBM (Fulfillment by Merchant)

A fulfillment method where the seller is responsible for storing, packaging, and shipping products directly...

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Financial Year

A one-year period that companies and governments use for financial reporting and budgeting. 

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First In, First Out (FIFO)

An inventory management method where the oldest stock is used or sold first, ensuring that...

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Fixed Assets

Long-term tangible pieces of property that a firm owns and uses in its operations to...

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Free On Board (FOB)

A shipping term indicating that the seller is responsible for the goods until they are...

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Freight Forwarder

A third-party service provider that arranges the transportation of goods from the manufacturer to the...

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Fulfillment

The process of receiving, processing, and delivering orders to customers. This includes picking, packing, and...

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Fulfillment Center

A warehouse where products are stored, processed, and shipped to customers. These centers are essential...

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