A bill-and-hold program invoices the retailer as soon as the retailer places a forward-bought order but delays shipping the order until desired quantities are requested by the retailer.

Question

Quizplus · Accepted Answer

This is the definition of a bill-and-hold program, which allows the retailer to forward-buy inventory and delay shipment until they need it, while still being invoiced upfront.

A Bill-And-Hold Program Invoices the Retailer as Soon as the Retailer