Posted in Operations and Supply Chain Terms, Total Reads: 12377
Definition: LIFR (Line Item Fill Rate)
LIFE or line item fill rate is a measure of the ratio of the actual orders filled in terms of parallel arrangements or lines.
Suppose there are 5 lines which require 100 units each. But only 3 lines have been provided with the full order, and then only 3 lines have said to have met the order. Even if 99 units are received at the other two lines respectively they will not be considered as a fill.
Line item fill rate= Number of lines where order is filled/ Total number of lines