The term "OTIF" stands for "On-Time-In-Full". OTIF is an important key figure in supply chain management and logistics. It shows how a company fulfills its obligations regarding delivery dates and delivery quantities. "On-Time (OT)" records whether the delivery was made at the time agreed between the supplier and the customer. "In-Full (IF)" records whether the entire ordered quantity was delivered. A high OTIF rate means that the company is able to deliver its products on time and in the right quantity.
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Explanation: On-Time-In-Full (OTIF)
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