Descriptive statistics were performed to determine inventory status (good, sufficient, threatened,
stockout) for the overall sample, as well as at the district and facility levels.
A recent study found that the likelihood that a consumer would switch retail stores more than doubled from the first
stockout to the third
stockout (ECR Europe and RolandBerger Strategy Consultants 2003).
Due to the reference effect, we consider two kinds of losses, namely, (i) the clearance loss (caused by overproduction) and (ii) the
stockout loss (caused by underproduction).
Consequently,
stockouts create a feeling of dissatisfaction, which can later have a negative effect on the retail's business performance.
We believe health system staffing and zinc
stockouts were the key barriers to household implementation of the WHO/UNICEF ORT/ZS protocol observed in this study, rather than sociocultural factors that were the presumptive cause according to upper-level Ministry of Health staff.
These studies vary considerably in other aspects of the problem, such as inventory policies used, cost components considered, nature of demands during
stockout, and the solution methodology.
To make the situation more challenging, in addition to the target
stockout risk consideration, in the healthcare apparel centre's inventory control problem, there is a capacity constraint.
Fitzsimons and Duncan Simester, "Measuring and Mitigating the Costs of
Stockouts." Management Science, Vol.
The large proportion of countries experiencing district level
stockouts as a result of a national level
stockout provides evidence that shortage of vaccines at the national level can affect the supply chain and interrupt immunization services.
This concern is reflected in both component
stockouts and lack of cash flow coming from high investments due to high inventory value.
Manufacturer's (n) confront holding, setup, ordering and
stockout as well as purchasing and production costs.