Unplanned Out-of-Stocks

Unplanned Out-of-Stocks

Instances where a product is unexpectedly unavailable for purchase, often resulting in lost sales and dissatisfied customers. Unplanned out-of-stocks can occur due to forecasting errors, supply chain disruptions, or inadequate inventory management processes.

Related Terms

Kitting

A logistical technique involving the assembly and packaging of various related items together as a single

Markdown Pricing

A pricing strategy where retailers lower the prices of products to boost sales and manage inventory