Stockout

(redirected from Stock Outs)

Stockout

Running out of inventory.

Stockout

Informal; a situation in which a company sells its entire inventory. A stockout may occur, for example, when there is a delay in a scheduled delivery of new inventory, but the term usually refers to situations where demand exceeds supply, causing the company to run out of inventory earlier than expected.

stockout

see STOCK CONTROL.
References in periodicals archive ?
Procured commodities and mitigated stock outs risks for malaria, HIV/AIDS, TB and laboratory programs for the Ministry of Health
Many members of the civil-society Stop Stock Outs coalition, who also serve on SANAC, operate from SANAC offices and had a pivotal role in exposing the fact that 54% of Free State facilities experienced drug stock-outs over the past three months.
htm) Release date of the Nexus 5 is reportedly set on Oct 31 , a conclusion drawn on recent moves by Google to give exclusive $100 discounts on Nexus 4 purchases via the Google Play Store, leading to stock outs of the 8GB model.
As Vale continues to conduct mineral fertilizer exploration projects and invest in the expansion of its operations to further its geographical and product diversification, Oniqua will play an integral role in helping Vale optimize its MRO inventory, control costs, minimize the risk of stock outs - all while improving service levels.
Buffalo Arms generally has all of this in stock, but there have been long stock outs on some product.
Safety stock is a term used by inventory specialists to describe a level of extra stock that is maintained below the cycle stock to buffer against stock outs.
Both field inventory/production planning systems capture product-level information from the vendor's CIMS cabinets and enable suppliers to improve service to each hospital by managing product expirations, recommending par levels and eliminating stock outs.
Shell accounts for about one in 10 filling stations and it is inevitable there would be some stock outs.
LONDON, November 15 /PRNewswire/ -- The increasing need to prevent sales of counterfeit medicines and avoid stock outs of drugs has created a compelling need for effective IT solutions to rationalise pharmaceutical distribution channels across Europe.
Correct forecasts of demand will reduce the size of "buffer stocks" needed to avoid stock outs.
The system, developed by Symbol Technologies, can then notify managers when deliveries arrive and alert them to imminent stock outs.
As businesses attempt to achieve higher returns through inventory reduction, the risk of stock outs increases," said Mike Frandsen, general manager of PeopleSoft's Supply Chain Management division.