oboloo

oboloo Glossary

Allocated Product

oboloo Glossary

Allocated Product

Allocated Product is a term used in business that describes products that have been specially requested or “reserved” by customers, and are now unavailable to the general public. It can refer to items such as limited-edition items, highly sought-after items, or any items where demand exceeds supply. Allocating these products allows businesses to better manage their inventory, meet customer demand, and ultimately increase sales. Put simply, when you allocate product, you’re essentially setting aside certain stock for your most loyal or influential customers!

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971