DELIVERY COMMITMENT Meaning and
Definition
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A delivery commitment refers to a promise or obligation made by a seller or service provider to deliver goods or complete a service within a specified timeframe or under certain conditions. It is a formal agreement or contract between the supplier and the recipient, outlining the terms and conditions regarding delivery.
In the context of business transactions, a delivery commitment ensures that a seller adheres to the agreed-upon timeline for delivering products or services to the buyer. This commitment is essential to maintain customer satisfaction and trust, especially in cases where timely delivery is crucial, such as in e-commerce or manufacturing industries.
A delivery commitment typically includes details such as the quantity and quality of the goods or services, the delivery date or period, and any special instructions or requirements. It also outlines the consequences or penalties for non-compliance or delayed delivery, providing recourse in case of any breach of commitment. The commitment serves as a legally binding document that protects the interests of both parties involved by establishing clear expectations and responsibilities.
Overall, a delivery commitment represents a vital aspect of business operations, ensuring that products or services are provided to customers in a timely, efficient, and reliable manner, and allowing businesses to maintain a strong reputation and competitive edge in the market.
Common Misspellings for DELIVERY COMMITMENT
- selivery commitment
- xelivery commitment
- celivery commitment
- felivery commitment
- relivery commitment
- eelivery commitment
- dwlivery commitment
- dslivery commitment
- ddlivery commitment
- drlivery commitment
- d4livery commitment
- d3livery commitment
- dekivery commitment
- depivery commitment
- deoivery commitment
- deluvery commitment
- deljvery commitment
- delkvery commitment
- delovery commitment
- del9very commitment
Etymology of DELIVERY COMMITMENT
The word "delivery" comes from the Old French word "delivrer" which means "to set free". It further originated from the Latin word "deliberare" which means "to free from" or "to give up completely".
The word "commitment" comes from the Middle English word "committement" which means "an action of committing" or "the act of pledging". It is derived from the Latin word "committere" which means "to entrust" or "to give in charge".
Therefore, the etymology of "delivery commitment" suggests that it is a phrase combining the concept of releasing or giving up something (delivery) with the act of pledging or entrusting (commitment).
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