A confirmation order is a formal document issued by a seller, acknowledging the receipt and acceptance of a buyer's purchase order. It is a critical component in various industries, including transport and retail, serving as an official written record that validates the agreement. This document includes detailed transaction information such as the goods or services purchased, price, delivery schedule, and payment terms, establishing a legally binding contract.
— sennder Team
Example or usage in road freight logistics:
When a retailer orders a shipment of goods, they issue a purchase order to the supplier, indicating quantities, delivery, and payment terms. The supplier then issues a confirmation order back to the retailer, providing a documented agreement that ensures clarity on the delivery and responsibilities, aiding in efficient and timely distribution