Commitment control
Commitment control is a term used in the retail industry. Retailers contract with their suppliers to supply a quantity of product in a specified time period to a specific location at an agreed price. The quantity and value of the balance of contract represents a risk to the retailer from the point of view that the retailer will have to discount a product that experiences a slump in demand. The setting of targets and maxima at various levels in the retailer's product hierarchies and time dimensions, and the subordination of purchasing to these limits, is known as "Commitment control".
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