Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. Situation when a business can not fulfill an order from current inventories.

Etymologies

From the verb stock out ("to become out of stock in a good"). (Wiktionary)

Examples

  • "This means even if we start moving maize into Zimbabwe in October, we will have a total stockout situation in April next year."

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  • The pricing agent has to deal with rapid turnover and high probability of stockout.

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  • A stockout is nonetheless curiously timed as the next-generation Kindle is widely rumored to be shipping in August.

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  • There is a five-day lead time for orders, and the store will allow two stockouts per year.a. What is the probability of a stockout associated with each replenishment decision?

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  • Because E1 Entertainment can analyze product demand at an individual store level based on customer demand every week, their retail partners 'stockout scenarios are drastically reduced.

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  • Examples of risk can include not leveraging preferred pricing or having a stockout.

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  • "We need to keep in mind that over the past few years manufacturers have had their hands full with every - thing from Y2K to the increased use of stockout penalties in some supply chains and seem to have erred on the side of stocking inventory rather than risking customer problems," Oest explains.

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  • • Months supply of inventory based on forecast are down 30% from what they were in January 1997, and we have not had a single stockout.

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  • At these high margins, the impact of a stockout outweighs major initiatives to im - prove inventory performance to date.

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  • 18 SouthCo also has a function, operated in conjunction with distributors, that allows local salespeople to identify inventory situations around the world, easing stockout problems by finding products for customers.

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