stockoutin
Stockoutin is a term used in inventory management to describe the situation where a product is out of stock and therefore unavailable for sale. This can occur for a variety of reasons, including unexpected surges in demand, supply chain disruptions, poor forecasting, or inefficient inventory tracking. When a stockout occurs, customers cannot purchase the desired item, leading to potential lost sales and customer dissatisfaction.
The impact of stockouts can be significant for businesses. Lost sales directly affect revenue, and if stockouts
Managing and preventing stockouts is a critical aspect of inventory control. This involves accurate demand forecasting,