Stockout

(redirected from Stock Out)

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 ?
* Flexibility for the sponsor on the delivery and release of the new batches of clinical trial material and significantly reduced potential for a depot stock out.
Essentially, inventory is a reserve system to prevent a stock out. However, as important as it is to prevent such a stock out, we also don't want to hold onto too much inventory because of holding costs.
What happened was the surprising disappearance of both devices from the scene, with Google merely advising that it was dealing with serious stock out problems.
to reported stock outs and target facilities with data quality problems for improvement
Additionally, the Christian organization is at the same time calling on the government of Liberia to do justice to the health system by introducing the drug revolving program to run in public facilities across the country.CHAL reveals that from its experience, the drug revolving program prevents stock outs and prevents expiration of drugs.
Somewhere, there are women who are unable to have the choice to not be pregnant due to "stock outs." In contrast to this article, often it is this stock limitation that curtails the choice to fulfill the basic human right of individuals to choose, freely and responsibly, the number, timing and spacing of their children.
He added that 'Transporting CMAN commodities which are ready-to-use-therapeutic-food (RUTF) and Routine Drugs from the State Drugs Store to LGAs and opiod treatment program (OTP) sites are faced with challenges resulting in periodic stock outs.'
He highlighted that where the stock outs in public sector facilities have been reduced to less than 20 percent, there is still an unmet need of 15.8 percent in Punjab.
figure By PATRICK ALUSHULA Faith-based drug supplier Mission for Essential Drugs and Supplies (MEDS) is blaming government directive to process imported goods at the Nairobi inland container depot for Sh114 million loss.According to Managing Director Jane Masiga, the organisation suffered stock outs on 201 lines of drugs over the past seven months due to delayed clearance leading to Sh114 million in lost sales to counties, national government and faith-based health facilities.
According to Aberdeen Group, 50% of annual unscheduled asset downtime can be attributed to the lack of spare parts and stock outs.
The Stop Stock Outs Project (SSP) reports that in 2015, 11% of facilities countrywide reported shortages of at least one vaccine on the day of contact.