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

Forecast Accuracy

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

Dollar

Refers to a retail outlet that specializes in selling a wide range of general merchandise and