Definition
The proportion of customer demand met from available stock without backorder or delay, usually expressed as a percentage. It is a core service-level measure that reflects how well inventory matches demand. A high fill rate generally requires more safety stock, creating a trade-off with holding cost.
Frequently asked questions
What is Fill Rate?
The proportion of customer demand met from available stock without backorder or delay, usually expressed as a percentage. It is a core service-level measure that reflects how well inventory matches demand. A high fill rate generally requires more safety stock, creating a trade-off with holding cost.
Which glossary terms are related to Fill Rate?
Fill Rate is a supply chain & warehousing term in the South African import/export industry. Related terms in the same area include 3PL (Third-Party Logistics), 4PL (Fourth-Party Logistics), ABC Analysis, Bonded Logistics, Bonded Warehouse (SOS/OS) — each has its own plain-English definition in the TradeCaravan glossary.