Stockout

(redirected from Stockouts)

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 ?
Sales of new luxury cars dropped 60 per cent in the first quarter ended March on the back of stockouts of BMW, Porsche, Bentley and Jeep brands.Unit sales of the dealers including DT Dobie and Inchcape Kenya stood at 26 in the review period compared to 65 a year earlier, according to statistics from the Kenya Motor Industry Association (KMI).
The objective of this study was to "Know our epidemic" by describing trends over time in HIV RDT inventories at select health facilities in Zambezia province, Mozambique, with the aim of identifying patterns of threatened inventory levels and/or stockouts of the RDTs.
Flowcasting is a unique approach to inventory planning and management that connects the retail supply chain from the consumer back to reduce stockouts and improve profits.
The store is showing stockouts of all colors and capacities in Australia, Austria, Belgium, Canada, China, France, Germany, Hong Kong, Japan, Russia, the UK, the U.S.
This translates into fewer stockouts, faster warehousing and restocking, and streamlined product planning.
This process led to stockouts, expired inventory and a need for expedited shipping.
Our primary focus is the impact of these OOS scenarios on manufacturers given the research by Gruen, Corsten, and Bharadwaj (2002) indicates retailers' practices are often responsible for stockouts in the first place.
Brown, Sunfree and Baby Huggs are experiencing frequent stockouts, mainly due to these companies importing their products.
By contrast, unstable designs will cause undesirable fluctuations for order and inventory, which leads to high cost due to inventory accumulation or stockouts. (3) How the replenishment parameters affect the magnitude of production smoothing for the manufacturer.
We could take things up to [market in] Soroti but now the market is here." And, she adds, if she gets sick she doesn't need to worry about long queues or drug stockouts at the health centres.
Brian Cronenwett, vice president of international logistics for the Oak Brook, Ill.-based hardware retailer, says that initiative was driven by the need to improve fill rates for its international retailers while also reducing stockouts by 40%.
Consequently, stockouts create a feeling of dissatisfaction, which can later have a negative effect on the retail's business performance.