is a process when you archive
old master/transactional records which are not in use any more from long time.
You archive those records keep on some backup device. These records can be
displayed, and only Display, can never be reloaded in tables again physically.
This will free up the space in tables from those records which are not in use
any more but exist in tables physically.
Reorganization
basically removes deleted
data from tables. During different transactions you delete some records, which
are deleted virtually but not physically. Even Archive process delete those
records virtually.
So you run Reorganization to free up the space consumed by deleted records.
This make the difference between the two clear.
Now about reorganization.
It depends on which OS and DB you are using.
If Oracle, SAPDBA is best tool to
reorganise.
In addition to above, you can reorganise the whole database, but it takes
time depending upon your database. Some times it can be more than a day or you
can reorganise a table suggested in Early Watch system.