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

Consumer Promotion

Also known as sales promotion, is a temporary marketing strategy aimed at boosting brand awareness and

Prestige Pricing

A pricing strategy where products are priced at a premium to signal superior quality and status,

Forecast Accuracy

Forecast accuracy refers to the degree to which a forecast aligns with actual sales data, indicating