Stockout

(redirected from stock-outs)

Stockout

Running out of inventory.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

stockout

see STOCK CONTROL.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
"Through the more efficient allocation of health resources, NHI will improve access to medicines and equipment, reduce drug stock-outs and improve maintenance of facilities," he said.
"We have goodwill they are genuine because they are the ones who came up with the proposals and this is a better way to deal with this rather than going to court," AKS chairman Kimani Rugendo said.Choppies has suffered huge stock-outs that have almost pushed it over the brink, with the most recent casualties being the Bungoma and Kiambu branches that were recently shut down.
'Public hesitancy, vaccine stock-outs, the lack of aptly trained health workers and accessibility of hard-to-reach areas put many children susceptible to diseases,' the statement read.
The UN agency cited public hesitancy, vaccine stock-outs, lack of properly trained health workers and accessibility of hard-to-reach areas as the main reasons why many Filipino children have failed to get immunization.
Patients who opt to take medicines through private care often consume substandard drugs or suffer from drug stock-outs, thus perpetuating drug resistance.
Carrying excess inventory comes at a high cost, but so too do stock-outs and lost customers.
What the IRT system must be able to do is help reduce waste, limit resupply shipments, and prevent site stock-outs.
"The directive by the government to process imports at the inland container depot in Nairobi is causing pain for medical suppliers who are experiencing stock-outs due to delays in clearing consignments," Mission for Essential Drugs and Supplies (MEDS) managing director Jane Masiga said yesterday.
FlexSense is claimed to virtually eliminate inventory stock-outs and the requirement for manual inventory monitoring, optimising both production and restocking efficiencies.
The Minister does concede that overcrowding is a problem, but went on to point out the merits of the decentralised medication pick-up points, strangely disregarding the frequently reported stock-outs of medication at these facilities.
The three major indicators being monitored through this program include attendance of the staff, availability of Medicine / Stock-outs and review of the overall health facility condition / highlight non-functional equipment.