Stockout

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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 ?
In September and October last year the TAC and Section 27, under the umbrella of the Stop Stock Outs coalition, released the results of a nationwide telephonic survey showing that one in five facilities (459 of 2 139 or 21%) reported a stock-out or shortage in the preceding three months.
In the current MRP world there is often no clear record of how many times stock-outs occur or which parts repeatedly stock-out.
There were other reasons for the province's stock-out crisis.
To now assist the Department of Health, we are implementing an SMS stock-out line for healthcare workers to report drug shortages.
Health-e News received stock-out reports from doctors, nurses and pharmacists in all provinces except the Northern Cape and Northwest (although this does not mean there are no shortages).
A stock-out can cost a retailer more than just one sale; it can cost the loyalty of a customer who will go to the competitor to find what she needs.
They may have to pay a little more for it but we're not going to have national stock-outs for Thanksgiving turkeys .
In doing so, CORE prevents costly stock-outs, while minimizing inventory carrying costs.
Narayan Laksham, Ultriva founder and CEO commented, “Supplier replenishment is designed to eliminate stock-outs and resulting expedited deliveries while reducing inventory levels by up to 75 percent all while streamlining processes and dramatically increasing buyer and planner productivity.
HIV activist groups in South Africa are calling on the Minister of Health to address drug supply chain problems that are causing HIV and tuberculosis (TB) drug stock-outs in the country's Eastern Cape Province.
While this is very exciting and without a doubt the way forward, there are still reports of stock-outs of other medications.
More than half of retailers surveyed (66 percent) experienced stock-outs of particular products last Christmas, with these retailers not being able to fulfill an average of 21 percent of their Christmas orders due to a lack of product availability