Q:

What is a delivery schedule?

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Quick Answer

A delivery schedule is the timing or the rate of delivery agreed upon between the supplier and the buyer of goods or services. A delivery schedule contains information concerning the quantities of goods for delivery and dates.

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Full Answer

Types of delivery schedules include just-in-time, forecasting and planning delivery schedules. A just-in-time, or JIT, delivery schedule is ideal for short-term requirements, and in some cases, it is exact to the minute. Contracts use forecasting delivery schedules when delivery quantities and time requirements are medium or long term. It also helps suppliers as a tool for planning production and sales. Planning delivery schedules develop out of forecast delivery schedules, and contracts use them to limit the planning period of schedule lines in the forecast delivery schedule.

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