Stockouttien
Stockouttien is a term used in inventory management to describe a situation where a product is unavailable for sale because the available stock has been depleted. This can occur for a variety of reasons, including unexpected surges in demand, supply chain disruptions, inaccurate forecasting, or inefficient inventory tracking. When a stockout occurs, it means a customer cannot purchase the desired item, leading to potential lost sales for the business.
The consequences of stockouts can be significant. Beyond immediate lost revenue, a stockout can damage customer
Businesses employ various strategies to prevent and manage stockouts. These include robust demand forecasting, maintaining safety