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Stockout information


Stockout of dog food

A stockout, or out-of-stock (OOS) event is an event that causes inventory to be exhausted. While out-of-stocks can occur along the entire supply chain, the most visible kind are retail out-of-stocks in the fast-moving consumer goods industry (e.g., sweets, diapers, fruits). Stockouts are the opposite of overstocks, where too much inventory is retained. A backorder is an order placed for an item which is out-of-stock and awaiting fulfillment.[1]

  1. ^ Kenton, W., Backorder: Definition, Causes, Example, Vs. Out-of-Stock, updated 26 December 2022, accessed 9 February 2024

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Stockout

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A stockout, or out-of-stock (OOS) event is an event that causes inventory to be exhausted. While out-of-stocks can occur along the entire supply chain...

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ABC analysis

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excess unnecessary inventory and reduces the chances of stockout. Holding cost and stockout are the main dictators of cash flow and avoiding them improves...

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Service level

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than a given fixed time. Percentage of customers that do not experience a stockout. Percentage of all parts of an order being fulfilled completely (Explanation)...

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Safety stock

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describe a level of extra stock that is maintained to mitigate risk of stockouts (shortfall in raw material or packaging) caused by uncertainties in supply...

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Spare part

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repairs to be accomplished simultaneously, which can be used to minimize stockout conditions for repairable items. Parts that are not repairable are considered...

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Capacity planning

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level and reducing lead time. It is also a strategy aimed at reducing stockout costs. A large capacity does not necessarily imply high inventory levels...

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Commodity

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typically leading to more volatile future prices and increasing the risk of a "stockout" (inventory exhaustion). According to economist theorists, companies receive...

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OOS

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OnePlus. Military Out Of Service Out Of State (Student) Out Of Stock or Stockout (sales) Order Of Shadow (Community) OO (disambiguation) 00s (disambiguation)...

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Performance indicator

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increase transparency in the delivery of public services. Duration of a stockout situation ROC = Close − Close (Past) Close (Past) × 100 {\displaystyle...

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Theory of storage

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in 1968 (who related convenience yield to the probability of inventory stockout) and by Schwartz in 1997 (modeling the yield as a mean-reverting stochastic...

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Mark Bils

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Quarterly Journal of Economics, May 2009 "Studying Price Markups from Stockout Behavior", Manuscript, December 2004 "Some Evidence on the Importance of...

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Material requirements planning

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does not seek to minimise cost. Instead, it is stockout driven: it will order just enough to avoid stockouts (using the lot size rule for each item) and...

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Inventory management software

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lead time[citation needed] Stock cover: the number of days left before a stockout if no reorder is made[citation needed] Accuracy: the expected accuracy...

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Reorder point

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of level of safety stock involves a basic trade-off between the risk of stockout, resulting in possible customer dissatisfaction and lost sales, and the...

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Operations management

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to risk of obsolescence, items in the lower part are subject to risk of stockout. Throughput is a variable which quantifies the number of parts produced...

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New Incentives

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transfers, raising public awareness and reducing the frequency of vaccine stockout. In Nigeria, New Incentives is known as the All Babies Are Equal (ABAE)...

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BBC Africa Eye

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significant number of people have to use private facilities because of frequent stockouts. BBC Africa Eye headed undercover to expose one of the reasons why there...

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Inventory

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additional inventory that a company keeps on hand to mitigate the risk of stockouts or delays in supply chain. It is the extra stock that is kept in reserve...

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Delivery drone

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reducing storage costs and the risks associated with overstocking or stockouts. Additionally, drones enable swift restocking of inventory at retail outlets...

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Stockly

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available product inventories and matches them with products before a stockout occurs. Stockly has established partnerships with several companies in...

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Retail marketing

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through increased stock turnover by eliminating slow-moving lines, fewer stockouts, increased bargaining power with suppliers, reduced costs associated with...

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Child health in Uganda

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crisis is occurring because a serious stockout is occurring in hospitals and clinics. There was a national stockout for a drug called Coartem which is the...

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DMSMS

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Cannibalization (parts) Military surplus Obsolescence Product life cycle management Stockout Supply chain management Department of Defense regulation 4140.1-R, DoD...

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Manufacturing supermarket

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shortages that may affect the shipment can be exposed earlier by the 'stockout' in the market location. This is true because the 'virtual' truck loading...

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Distribution software

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companies to manage internal and external resources efficiently by minimizing stockouts but ensuring overstocking doesn't occur as well. Cloud-based distribution...

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Federal Office for National Economic Supply

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that the population stockpiles fifty hygiene masks per person (to avoid a stockout in the event of a pandemic). The Confederation had set aside a reserve...

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Ushahidi

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used in Kenya, Malawi, Uganda, and Zambia in June 2009 to track pharmacy stockouts in several Southeast African countries. Finally, it was used to monitor...

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Inventory theory

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the resulting small inventory levels may increase the probability of stockouts, leading to loss of customers. In principle all these factors can be calculated...

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