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

Market Basket Analysis

A data mining tool used to identify patterns of items frequently purchased together by analyzing transaction

Unplanned Out-of-Stocks

Instances where a product is unexpectedly unavailable for purchase, often resulting in lost sales and dissatisfied

Basket Size

The amount that a customer spends in a retail store in single transaction.