Check out our Retail terms glossary
b
Buffer Stock
A buffer of stock or in other words the quantity of raw materials, semi-finished or finished products that are kept in stock in case of shortages in supplies.
Business to Business (B2B)
The various online business transactions between companies. Electronic Commerce that deals with transactions between companies and not those between a company and the final consumer (for example the dispatch, processing and fulfilment of orders between a manufacturer and its distributors).
Business to Consumer (B2C)
The various online commercial transactions between businesses and end consumers. Electronic Commerce that deals with the transactions between a company and its final consumers (for example the possibility to purchase consumer products from a “virtual supermarket”).
